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NBC, Bain, Blackstone Consortium buys Weather Channel for $3.2bn

A consortium of Bain Capital, Blackstone and NBC Universal has acquired The Weather Channel for about $3.2bn, beating Time Warner in a private auction after Landmark Communications put The Weather Channel and some other media properties up for sale. More »

Wednesday, July 9, 2008

Cox Enterprises buys Adify Ad Network for $300m

Adify the white-label online ad network, has been acquired by Cox Enterprises, for about $300 million, in an all-cash deal. Adify which was founded in 2005, had raised a total of $27 million in development funding and made about $7 million in revenues in 2007. More »

Thursday, May 1, 2008

Microsoft buys Farecast for $115m

Microsoft has acquired Farecast, the Seattle-based online travel search start-up for a price tag estimated at $115m. Farecast is already a partner on MSN Travel, but the relatively high purchase price suggests that Microsoft has a broader interest in price prediction technology and also wants to... More »

Wednesday, April 23, 2008

isango! raises $8m in Series A funding

Spark Ventures plc and Beringea have invested in a US$8 million series A funding round for Isango! Limited, a London-based global online travel business focused on experience-led holidays and activities. More »

Monday, April 14, 2008