Wed 12 Nov 2008
Complete List of Q3 2008 Web, Internet and Tech Acquisitions
Posted by Dane Fox under Acquisitions
Our big news in acquisitions this past quarter comes straight from our own office. PartnerUp was acquired by Deluxe Corporation back in July, so we’re pretty excited to be able to add our own name to the Q3 list.
As for the rest of the M&A activity this past quarter, things have been cooling down. While Q2 saw a substantial increase in the number of total tech acquisitions with 41, Q3 ended with a mere 24 acquisitions—quite a nose dive from last quarter. The drastic reduction in activity is likely a direct effect of the current economic climate and weakening of the finance industry.
Here are a few of the highlights from Q3:
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Web/Internet remained the largest category with 16 of the 24 acquisitions falling in this category.
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The largest acquisition was NBC Universal’s purchase of the Weather Channel for $3.5 billion.
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Twelve of the 24 acquisitions disclosed their sale price, the total of which came to $4.957 billion.
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The average disclosed price was $413 million. Excluding the Weather Channel acquisition, the average disclosed price was $132.5 million.
We’d also like to say thanks to all the great blogs out there (TechCrunch, GigaOM, Mashable, VentureBeat, ReadWriteWeb and more) whose frequent tracking of acquisitions makes this list possible.
If you know of any mergers or acquisitions that we’ve missed from Q3, please leave a comment on this post and we’ll update accordingly.
Web/Internet Companies Acquired in Q3 2008
| Acquired | Acquirer | Acquisition cost | Details |
| Powerset | Microsoft | $100 Million | Powerset is a semantic search engine.Press Release | TechCrunch ReadWriteWeb VentureBeat |
| Weather Channel | NBC Universal | $3.5 Billion | Weather Channel is the premier destination on television and the web for weather forecasts. Mashable | CNN Forbes |
| HaloScan | JS-Kit | Undisclosed | HaloScan is one of the largest hosted comments service providers.Press Release | TechCrunch | VentureBeat Mashable |
| Imagekind | CaféPress | $20 Million | Imagekind is a site that allows artists to upload and sell framed prints of their pieces, and also allows users to purchase one-off prints of their own images.TechCrunch | VentureBeat CenterNetworks |
| Truemors | NowPublic | undisclosed | Truemors is a rumor website launched by Guy Kawasaki. Press Release | TechCrunch | Marketwatch |
| ContentNextMedia | Guardian Media Group | $30 Million | ContentNext is an independent media and information company. Press Release | TechCrunch | BNet |
| PodTech | ViewPartner | $500 K | PodTech publishes online and downloadable videos about new technology. VentureBeat | CenterNetworks |
| jkOnTheRun | GigaOm | undisclosed |
jkOnTheRun is a mobile focused blog. TechCrunch GigaOm Official Blog |
| Omnisio | unidsclosed | Omnisio is a service that lets users annotate videos, mash various clips up and synchronize Slideshare presentations. TechCrunch | ReadWriteWeb Official Blog |
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| AbeBooks | Amazon | undisclosed |
AbeBooks is an online marketplace for rare out of print books. Press Release | TechCrunch | CenterNetworks |
| DailyCandy | Comcast | $125 Million | DailyCandy is a newsletter service that caters to women. TechCrunch | AlleyInsider VentureBeat |
| Blogcritics | Technorati | undisclosed | Blogcritics is a blog network company founded by Eric Olsen. Official Blog TechCrunch | CNet |
| Ciao (Greenfield Online) | Microsoft | $486 Million | Ciao is a European Comparison Shopping Site. TechCrunch Mahsable InformationWeek |
| social.im | iSkoot | undisclosed | scoial.im is an instant messaging client for Facebook. Press Release | VentureBeat | TechCrunch |
| Peerflix | LiveUniverse | undisclosed | Peerflix is a dvd trading company. TechCrunch | PaidContent |
| Napster | BestBuy | $121 Million | Napster is an on demand music subscription service. Press Release | TechCrunch | Mashable ReadWriteWeb |
Social Networking Companies Acquired in Q3 of 2008
| Acquired | Acquirer | Acquisition cost | Details |
| YoVille | Zynga | undisclosed | YoVille is a popular virtual world Facebook App.Press Release | TechCrunch |
| PartnerUp | Deluxe | undisclosed | PartnerUp is a social network for small business owners and entrepreneurs.. Press Release | VentureBeat CenterNetworks Official Blog |
| Socialthing! | AOL | undisclosed | Socialthing! Is a lifestreaming service that competed with FriendFeed. Press Release | TechCrunch | CNet |
Internet Advertising Companies Acquired in Q3 of 2008
| Acquired | Acquirer | Acquisition cost | Details |
| ZAO Begun | $140 Million | ZAO Begun is a contextual advertising company. TechCrunch VentureBeat CNet |
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Software Companies Acquired in Q3 of 2008
| Acquired | Acquirer | Acquisition cost | Details |
| Jabber | Cisco | undisclosed | Jabber is an open source IM technology. Press Release |AlleyInsider | BNEt |
| Pure Networks | Cisco | $120 Million | Pure Networks makes home networking software.Press Release | TechCrunch | CNet |
Voice Companies Acquired in Q3 of 2008
| Acquired | Acquirer | Acquisition cost | Details |
| Ribbit | British Telecom | $105 Million | Ribbit is a platform for creating voice-based applications over the Internet. TechCrunch | GigaOm |
| PostPath | Cisco | $215 Million | PostPath is a linux based e-mail service. PressRelease TechCrunch | CNet |
Hardware Companies Acquired in Q2 of 2008
| Acquired | Acquirer | Acquisition cost | Details |
A brief disclaimer: We’ve tried hard to ensure that all of the information above is accurate, but it is very likely that we’ve made a few typos and mistakes. If you catch an error, please post a comment and we’ll do our best to research and correct it. We’re not responsible for the accuracy of the above information and it should not be relied upon.
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