Cardstar Acquired by Constant Contact, Terms Not Disclosed
Cardstar, the Northern Virginia based startup that provides a mobile customer loyalty app for retailers as an alternative to paper or plastic customer loyalty cards that have thickened our wallets in recent years, has just announced their Acquisition by Constant Contact (NASDAQ: CTCT). You may recall that Cardstar launched at the Social Matchbox Startup Launch [...]
Webs.com Acquired by VistaPrint for $117.5 Million!!!
Webs.com (formerly Freewebs.com), the Silver Spring, MD based startup founded by Haroon Moktarzada, Zeki Moktarzada, and Idris Mokhtarzada has just announced their acquisition by VistaPrint for $117.5 Million according to a statement from one of their people who just share details with us! This is really big news and proof positive that the East Coast [...]
Living Social To Be DC’s Next Big Startup IPO
As I was driving to get a cup of coffee in San Francisco this morning I had the radio on and heard yet another radio ad for LivingSocial. The offer they were talking up was 50% off something that sounded like fun. In hearing the ad I could not help but think that there is [...]
DC’s Blackboard Acquired for $1.64 Billion
Washington, DC based Blackboard, Inc. (NASDAQ: BBBB) announced today that the company has entered into an agreement to be acquired by an investor group led by affiliates of Providence Equity Partners in an all-cash transaction valued at approximately $1.64 billion, plus the assumption of approximately $130 million in net debt. The transaction is subject [...]
Baltimore, MD’s Millennial Media Acquires Arlington, VA Based Mobile Analytics Startup Condaptive
Millennial Media, a well funded advertising company founded by alumni from Advertising.com, announced the acquisition of Arlington, VA based mobile analytics startup Condaptive. Condaptive had around 7 employees at the time of the acquisition. The terms of the deal were not discussed, however, the acquisition appears to have been a talent acquisition. The last time [...]
Skype Acquired by Micrsoft for $8.5 Billion
Even though it isn’t a local exit, the fact that Skype is being acquired by Microsoft for a cold hard cash figure of $8.5 Billion dollars is a big deal. This is potentially the biggest acquisition deal in Microsoft’s history, and one that could make the Windows Mobile OS and software community more relevent. Apple [...]
Former Washington Area Startup, Social Gaming Network (SGN), Acquired!
Social Gaming Network (SGN), a Washington area startup that left for the bay area a few years ago, was acquired this week by Mind Jolt, another gaming network. The terms of the deal were not disclosed. Congratulations to Shervin Pishevar, a friend and former coworker.
You may recall that back in the 2006-2007 time-frame, Freewebs (now [...]
