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 [...]
RollStream Acquired By GXS
RollStream, a McLean, VA based startup and SocialMathhbox alumni company announced their acquisition by GXS, a Gaithersburg, MD based company with offices worldwide that is a subsidiary of Francisco Partners which is is one of the world’s largest technology-focused private equity funds with nearly $5 billion of committed capital under management.
RollStream is a Software As [...]
The Hungry LivingSocial Team Devours Even IT Consulting Companies
In a move that has got to be the first of its kind here in the Washington area, LivingSocial announced today that the former Hungry Machine team has acquired Reston, VA based IT Consulting firm InfoEther, Inc. for an undisclosed sum of money.
The move was most likely a talent grab and makes us wonder who [...]
Deconstruct Media, Inc. Acquired By Verve Wireless, Inc.
Washington area startup Deconstruct Media, Inc. has just been acquired by San Diego, CA based Verve Wireless, Inc. for an undisclosed sum. Deconstruct is a mobile advertising technology company founded by a team of former Advertising.com product and engineering executives. As part of the deal, Brent Halliburton, the founder and CEO of Deconstruct, will [...]
Webs.com Expands Free Publishing To Facebook Pages Through PageModo Acquisition
Silver Spring, MD based Webs.com (formerly Freewebs) announced their acquisition of Facebook page builder startup Pagemodo today. Their decision to acquire the company comes a short time after their launch of ContactMe, a lightweight CRM tool for websites. Facebook page customization initially picket up a lot of attention from the web agency community, but has [...]
LinkedIn IPO On The Way
The Washington Post with Bloomberg reported this morning that LinkedIn is headed for an IPO. This is big news and as they point out, could be the first of a series of social web companies heading for exits. Here is the story.
Update:
Here is the SEC Filing.
Mixx Acquired By UberMedia
McLean, VA based Mixx was recently acquired by Pasadena, CA based UberMedia, a company that describes itself as a developer of applications and web-based services that make it easier for users to find, follow and communicate with others on Twitter and other social media platforms. UberMedia also provides advertisers and brands with new ways to [...]
