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 [...]
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 to [...]
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 [...]
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 [...]
Google’s Acquisition of ITA Software May Get Blocked By DOJ
You may recall a recent acquisition of ITA Software by Google for $700 Million. The deal was really significant because it involved the software that powers most of the popular airline reservation sites that we all use all the time. According to the Washington Post’s Jia Lynn Yang, the DOJ may block the acquisition. It [...]
Hungry Founders at Living Social Continue Growth Spree
According to the Washington Business Journal’s Sarah Krouse, Washington, DC based Living Social is expanding their DC footprint substantially to keep pace with their employee acquisition rate. The company recently acquired 12,500 additional square feet in in the Gallery Place are. This is their third office in DC. Krouse also points out that they have [...]
