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Mergers & Acquisitions

 
UTV Buys Controlling Interest in Indiagames - 3 Comments
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…

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9.9 Mediaworx To Acquire Jasubhai Digital: Report - 6 Comments
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…

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TV18 Acquires 40 Percent Stake In Infomedia India For Rs. 178 Crores - 2 Comments
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…

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Ybrant To Acquire Israeli Agency Oridian; Raises $20 Million From Sensar Capital, Pre-IPO - 2 Comments
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…

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IOL Broadband To Be Renamed IOL Netcom; Pref Issue; Acquisition Of Exatt Technologies - 0 Comments
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…

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Reliance Entertainment Acquires Animation Studio Anirights
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,…

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ACK Media Acquires Amar Chitra Katha And Tinkle For Monetization Across Media - 9 Comments
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…

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Capital18 Acquires Stake In Webchutney
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…

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HT Media Buys Social Networking Site DesiMartini
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…

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WPP Buying Indian Online Ad Agency Quasar - 6 Comments
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…

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Videocon Buys PlanetM From BCCL For Rs. 200 Crore - 0 Comments
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…

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Interactive Agency id8labs Buys eDesign Tree India - 1 Comment
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…

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TravelGuru To Acquire Desiya.com - 7 Comments
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…

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ESS India Eying Acquisitions In TV, Internet, Broadband, Mobile Areas - 0 Comments
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…

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Once Again, Rediff.com Said To Be Takeover Bait - 1 Comment
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…

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And now, it’s Euro RSCG Shopping For Digital Buys In India - 0 Comments
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.…

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Report: Quattro To Acquire US Based Game Development Co - 1 Comment
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…

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Pallagames, Trilogix, SIDBI To Buy Stake In Mumbai Gaming Company MAHL - 0 Comments
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…

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As Publicis Looks To Acquire A Digital Agency In India, Who’s A Possible Target? - 8 Comments
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.…

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ISP Nettlinx Targeting 3 U.S. Companies For $3 Mln - 0 Comments
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…

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Sistema Acquires 10 Percent Stake In Shyam Telelink For $11.4 Million; Targets 51 Percent Stake - 0 Comments
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…

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Essar Group To Raise $3.59 Bln Against 33 % Vodafone-Essar Stake - 0 Comments
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…

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Hutchison-Essar Brand To Take On Vodafone Name - 5 Comments
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…

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Reliance ADAG In Talks To Acquire SeventyMM? - 10 Comments
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…

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Hutch Refuses Damages To Essar, Claims Right To BPL - 0 Comments
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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