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Mergers & Acquisitions
Posted By Rafat Ali - Fri 14 Dec 2007 08:49 AM PST
UTV, through its UK subsidiary, has bought a controlling stake in Indiagames. UTV first bought into a majority in Indiagames late last year, for about Rs 68 crore, which it…
Posted By Nikhil Pahwa - Thu 13 Dec 2007 09:55 PM PST
9.9 Mediaworx, founded by former ABP CEO Dr. Pramath Sinha, is going to acquire Jasubhai Digital Media, the technology media business of the Jasubhai Group, reports Business Standard. As per…
Posted By Nikhil Pahwa - Tue 11 Dec 2007 11:29 PM PST
The Network18 acquisition machine rolls on, finally entering the print space with group company TV18 acquiring 40 percent stake in BSE listed Infomedia India for Rs.178 Crores, reports moneycontrol.com. The…
Posted By Nikhil Pahwa - Wed 05 Dec 2007 03:11 AM PST
Ybrant Technologies, a Hyderabad based digital marketing co has announced its intention to acquire Oridian, an Israeli online media solutions provider for around $13 Million. DNA reports that Ybrant is…
Posted By Nikhil Pahwa - Wed 05 Dec 2007 12:14 AM PST
The board of BSE listed IOL Broadband Ltd has approved a preferential issue of 2 million warrants at a price of Rs. 576 to “specified Investors”. That pegs the value…
Posted By Nikhil Pahwa - Mon 26 Nov 2007 05:12 AM PST
I thought this was old news, but apparently not: Reliance Entertainment has acquired Anirights Infomedia, an animation company based in Pune, reports Economic Times (via VC Circle); at TiE-ISB Connect,…
Posted By Nikhil Pahwa - Wed 21 Nov 2007 09:32 AM PST
ACK Media has announced the acquisition of a controlling stake in Amar Chitra Katha, Tinkle, Tinkle Digest and Double Digest from India Book House. Founded by Samir Patil and Shripal…
Posted By Nikhil Pahwa - Wed 21 Nov 2007 02:09 AM PST
You’re reading it here first: ContentSutra has learned from sources that Network18 Capital18 has acquired a majority substantial (not majority) stake in interactive marketing agency Webchutney. Known for it’s online…
Posted By Rafat Ali - Tue 20 Nov 2007 08:30 PM PST
Hindustan Times Media group has bought social networking site Desimartini.com, through its online subsidiary Firefly eVentures. The financial terms were not disclosed, but HT Media said it was for less…
Posted By Rafat Ali - Fri 16 Nov 2007 04:20 PM PST
WPP, the global ad agency holding company, is buying online media agency Quasar Media. This puts to rest the speculation that has been on for some time about WPP’s M&A…
Posted By Nikhil Pahwa - Tue 06 Nov 2007 12:05 AM PST
Consumer durables company Videocon Industries has acquired Planet M, the music retail arm of BCCL (Times Group), for Rs 200 crore, reports Business Standard. The acquisition is by Videocon’s retail…
Posted By Rafat Ali - Thu 25 Oct 2007 09:48 PM PST
Mumbai-based interactive agency id8labs, which was spun off Percept Media earlier this year, has bought eDesignTree, a Philadelphia, U.S. and Bangalore based interactive marketing firm. Amit Shrivastava, co-founder of eDesign…
Posted By Nikhil Pahwa - Tue 09 Oct 2007 11:20 PM PST
TravelGuru, an Online Travel Agency (OTA) funded by Sequoia Capital and Battery Ventures, is close to acquiring another travel portal, Desiya.com, reports VC Circle. Desiya Founder and CEO Amit Taneja…
Posted By Anupama Chandrasekaran - Mon 08 Oct 2007 06:36 PM PST
After more than a decade of operations in India, ESPN Start Sports (ESS) now sees acquisitions as key to further growth, reports the Economic Times. The financial daily quotes ESS’s…
Posted By Joseph Weisenthal - Mon 08 Oct 2007 05:06 PM PST
Old rumors about Rediff (NSDQ: REDF) possibly getting bought are back, sending the company’s shares up during trading, before giving up some gains. It’s not clear what, if anything, prompted…
Posted By Anupama Chandrasekaran - Sun 07 Oct 2007 07:45 PM PST
David Jones, CEO of the world’s fifth largest ad agency network Euro RSCG Worldwide, could be looking at small and medium-sized acquisitions globally as well as in India and China.…
Posted By Nikhil Pahwa - Tue 02 Oct 2007 11:37 PM PST
Quatrro BPO Solutions is in negotiations to buy a US based game development company, reports HT. Chairman Raman Roy has declined comment, but says that gaming solutions fit the company’s…
Posted By Anupama Chandrasekaran - Tue 02 Oct 2007 07:17 PM PST
According to the Economic Times, Mauritius-based gaming firm Pallagames and UK-based IT firm Trilogix along with Small Industries Development Bank of India (SIDBI) are close to picking up around 25…
Posted By Nikhil Pahwa - Sun 30 Sep 2007 10:11 PM PST
That global advertising group Publicis Groupe was looking for possible digital acquisitions in India has been known since January. In India, they’ve already acquired Delhi based advertising agency Capital advertising.…
Posted By Anupama Chandrasekaran - Sun 30 Sep 2007 08:03 PM PST
Hyderabad-based Internet service provider and software company Nettlinx Ltd. plans to buy three US-based web solutions companies at a cost of $3 million with hopes of doubling sales and adding…
Posted By Nikhil Pahwa - Wed 26 Sep 2007 05:26 AM PST
Russian Telecom operator Sistema has acquired 10 percent stake in Indian telecom operator Shyam Telelink for $11.4 million. Shyam Telelink, a part of the public listed Shyam Telecom group, operates…
Posted By Anupama Chandrasekaran - Tue 25 Sep 2007 07:12 PM PST
The Essar Group is raising $3.59 billion (Rs 14,360 crore) against its 33 per cent stake in Vodafone (NYSE: VOD)-Essar, the country’s fourth-largest mobile operator, in what will be the…
Posted By Anupama Chandrasekaran - Tue 18 Sep 2007 03:30 AM PST
The name is fone, vodafone. Okay, I know it’s a bad joke but just wanted to quickly get across the point that Hutchison-Essar, India’s fourth-largest mobile service provider, will soon…
Posted By Nikhil Pahwa - Mon 10 Sep 2007 08:44 PM PST
When online DVD rental company SeventyMM bought out competing DVD rental company, I wondered if it was too soon for consolidation in the business. Now, Mint reports that Reliance ADAG…
Posted By Anupama Chandrasekaran - Wed 05 Sep 2007 02:03 AM PST
The argument continues. There seems to be no resolution in sight in the battle for between Hutchison Essar (HEL) and the Ruias for BPL Mobile. In the latest bout, Hutchison…
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contentSutra.com is a news site covering India's digital content market.
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