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Posts tagged 30 Million

Apple to buy Quattro Wireless mobile ad firm for $275M

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Apple is expected to announce soon that it has purchased Quattro Wireless for $275 million, according to a report by AllThingsD. Quattro has a mobile ad network and platform that lets advertisers target mobile users with ads.
The report said several sources had confirmed the announcement but that Apple has declined comment. The move [...]

Movie review site Flixster buys rival Rotten Tomatoes from Murdoch

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Movie review-and-view site Flixster has agreed to purchase popular review site Rotten Tomatoes from IGN, a division of Rupert Murdoch’s News Corp. Much like the recent sale of Photobucket, the move is part of News Corp’s plan to jettison properties that aren’t core to its business.
The reason for the merger is simple. The [...]

text company Spinvox to announce sale today, source says

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Spinvox, the London company that lets you translate your voice into text messages, could announce its sale as soon as today, according to a source close to the company who requested anonymity.
We’ve called Spinvox for official comment. We reached Simon Crowfoot, the company’s strategic business development director. He said he was unaware of [...]

Pacific Lake Partners raises $35M fund to back young entrepreneurs’ buyouts

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Palo Alto, Calif.-based venture capital firm Pacific Lake Partners is still looking to raise $35 million for a rather interesting new fund. The fund will specifically target young entrepreneurs looking to buy and turn around other people’s startups — a fairly uncommon approach for investors.
The firm says it will give recipients between $300,000 [...]

Pacific Lake Partners raises $35M to back young entrepreneurs

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Palo Alto, Calif.-based venture capital firm Pacific Lake Partners is still looking to raise $35 million for a rather interesting new fund. The fund will specifically target young entrepreneurs looking to buy and turn around other people’s startups.
The firm says it will give recipients between $300,000 and $500,000 to aid them in their [...]

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