Showing posts with label Acquisition. Show all posts
Showing posts with label Acquisition. Show all posts
June 3, 2013
May 13, 2012
3 Reasons why Linkedin's Acquisition of Slideshare will Benefit Users
Slideshare has just been acquired by LinkedIn for approximately $118.75 million, for approximately 45% cash and 55 % stock .Linkedin , with 161 million members is one of the fastest growing social networks, in the social career vertical , and has last year was among the the first major US social-media company to raise $352.8 million in an IPO
Slideshare has been often termed as “YouTube for slideshows,” SlideSharehas and
enables users to share and upload presentations, documents, PDFs, videos and
webinars since 2006.
Linkedin with 107 million unique monthly visitors and 161 million members can now leverage slideshare's highly engaged user base with Linkedin 's own user data , enabling its users to add presentation, documents, and infographics.This acquisition is a perfect fit to Linkedin , as it enables linkedin professionals discover and share content, data and information
SlideShare was voted amongst by the World's
Top 10 tools for education & e-learning in 2010 SlideShare's biggest competitors
include Scribd.com, Issuu and Docstoc.
Some of the notable users of SlideShare include The White
House, NASA, World Economic Forum, State of Utah, O'Reilly Media, Hewlett Packard and IBM. LinkedIn, recently acquired real-time search startup IndexTank in
October 2011 and email startup Rapportive this February.
August 17, 2011
Motorola Timeline : From a Hardware Giant To Search Bot
Google Inc's purchase of Motorola Mobility marks the end of its 81-year story including its invention of the cellphone in the 1970s, its spectacular success with the Razr phone a few years ago, and then its slide into crisis and now its takeover.Here is the Timeline of how The Search Giant Google and Motorola fared as individual companies along with their Timeline. Special thanks to Reuters
1928: Galvin family establishes Galvin Manufacturing. Its first product was a power converter.
1930: Changes name to Motorola.Three generations of Galvins lead Motorola until Christopher Galvin's 2004 ouster.
1973:Motorola's Martin Cooper makes the first mobile phone call on a prototype of DynaTAC.
1984:DynaTAC becomes commercially available. It is later known as the "brick" when surpassed by lighter, smaller phones.
1989:Launches MicroTAC, its first flip-phone, which has a plastic cover that flips open to reveal its keypad.
1994: Motorola dominates global cell market with a 32.5 pct share, versus Nokia's 21 pct, according to Gartner.
1996: Motorola Launches StarTAC, the first of its signature clamshell phone range with a lid that hinges open.
2000: Motorola's market share is 13 percent vs Nokia's 31 percent, and it hovers in the mid-teen range for years.
2004: Motorola launches Razr,an ultra-thin phone that becomes a design icon with 500 million Razr phones.In 2006,market gets saturated with Razrs and by year-end it is being given away for free.Motorola market share peaks around 23 percent.
2007:Activist investor Carl Icahn starts pushing Motorola to split up, buy back shares and fire its CEO. Apple Inc sells first iPhone. Motorola ends year with 9 percent share.
2008: Greg Brown replaces Zander as CEO. Motorola posts a loss for three out of four quarters of that year.
October 2008: New Co-CEO Sanjay Jha reveals plan to bet future entirely on Google's Android platform. Cuts thousands of jobs. Motorola ends year with less than 7 percent share.
November 2009: Motorola unveils first Android phone with Verizon Wireless kick-starting the successful Droid brand.
January 2011: Motorola Inc is split into Motorola Solutions and Motorola Mobility. Announces plan to launch first tablet based on Android to compete with Apple's iPad
July 28 2011:Motorola delays new products until September. Ends second quarter with a 2.9 percent market share.
Aug 15 2011:Google announces deal to buy Motorola Mobility for $12.5 billion.
Market share data from Gartner and Strategy Analytics ( source Reuters)
July 21, 2011
21 Year old myYearbook Founder Gets Richer by $100 Million
Quepasa, the Facebook for Latinos has merged with social networking company myYearbook for $100 million, approximately $82 million of hin Quepasa common stock and approximately $18 million in cash.
myYearbook derives its revenue from three sources - advertising, virtual-currency sales and monthly subscriptions. Advertising makes up two-thirds of its revenue, with the other sources making up the rest.myYearbook is seeing over 1 billion page views on mobile platforms and 1.2 billion page views on the web each month. In fact, it is the top web site in the comScore Teens category with more visits, minutes, and pageviews
In 2010, myYearbook generated $23.7 million in revenue, up 53% year-over-year, and EBITDA of $4.9 million, up 315% year-over-year.
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Via BusinessInsider |
In 2005, Catherine Cook and her brother David had an idea for a startup on social network.The high schoolers flipped through a yearbook and wanted to make a digital version.
The 15-and-16-year-olds got to work and created MyYearbook. In the 6-year span, the duo raised $17 million in financing, grew the site to 70 million users, and generated 1.2 billion monthly pageviews. This site was launched in 2005 and saw 400 people from her school signup in the 1st week.Today myYearbook.com has over 32million members, is growing by almost 20,000 people each day and does 30 million a year in revenue.
Today, a publicly-traded Latino social network, Quepasa, announced its $100 million acquisition of MyYearbook. The majority of the deal, $82 million, is Quepasa common stock. The other $18 million is cash.
Geoff Cook, MyYearbook's CEO and sibling of Catherine and David, wrote a letter to his 100+ employees:
"I don’t consider this an exit or the end. I consider it the end of the beginning, and I believe we have a lot more innovative products to create,"Welcome to retirement Catherine, Geoff and David! Although we're sure this won't be the last company they create.