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.
Michelle Wong, 09 July 2008
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.
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Sarita Jones, 01 May 2008
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...
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Reiko Uchida, 23 April 2008
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.
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Sarita Jones, 14 April 2008