We just received word from Japan-based NTT Com that it plans to acquire a 74 percent stake in Netmagic Solutions, a datacenter service in India with datacenters across the country in Mumbai, Bangalore, Noida (Delhi-NCR), and Chennai. The acquisition sum wasn’t disclosed . NTT Com isn’t new to India. In fact, it started operation in India way back in 2003. Today it has offices in New Delhi, Neemrana, Mumbai, Bangalore, and Chennai. It also has offices in other parts of Asia including Beijing, Shanghai, Hong Kong, Taipei, and Seoul. This ...
Tag Archives: Acquisition
RSS feed for this section
Jan 20 2012
4
2277
Build to Serve, Build to Earn, Don’t Build to Sell
From time to time people would say that here in Singapore or Southeast Asia we needed a big money exit – you know, like X acquires Y for $100 million. That would inspire folks to step out and build businesses, because let's face it, who wouldn’t want to get out with bags of money. But the idea of building a business to sell kind of sucks . While there’s nothing wrong selling a business, the mentality of starting a business and gearing it up to get acquired one day isn’t ...
Jan 17 2012
2
1857
Kantar Media Acquires CIC, Wants to Hear More Word-of-Mouth Insights From China
CIC, the Chinese social business analysts, has been acquired by a British market research company called Kantar Media. It’s a significant investment in the Chinese social media intelligence ecosystem, as well as a big day for Sam Flemming, the founder and chairman of CIC. With China now having over half a billion people online and many of them engaged in microblogging, there’s even more demand from brands to get more consumer insights from this kind of ‘internet word of mouth’ (IWOM) analysis - a term coined by none other than ...
Jan 10 2012
0
1466
With an Eye on Japanese Products, China’s 360Buy Makes an Acquisition
360Buy.com, China’s second-largest B2C e-commerce site, has acquired Minitiao.com, a specialist online mall for imported Japanese products. It gives 360Buy - also known as Jingdong Mall - a whole new range of supply channels from Japan for items such as clothing and cutesy toys. The acquisition of the small Chinese company reportedly took place earlier this month but is only now being made public. The financial details have not been revealed, or whether the site will continue at its own domain or be absorbed into the 360Buy domain. Minitiao gives 360Buy a ...
Jan 4 2012
0
1564
JiaThis Social Sharing Platform Acquires Startup, Will Soon Feature Comments
The Chinese startup behind the social sharing platform JiaThis has revealed that it has acquired the very young social commenting service Uyan in a bid to consolidate its lead as the biggest indie service of this kind. Websites that use JiaThis - which range from Yahoo China to state news agency Xinhua, among over half a million other mostly Chinese websites - can put an array of social buttons or ‘share counters’ on their sites (or just the signature JiaThis green-and-white cross) to allow readers to quickly share an article on ...
Dec 14 2011
0
2032
Baidu Japan Acquires Simeji Mobile App Team, For Added Japanese Typing Fun
The Japanese subsidiary of Baidu (NASDAQ:BIDU), the Chinese search engine giant, has acquired the small startup team behind the Simeji input method editor (IME) app for Android. The free app has been downloaded over a million times already from the Android Market. Simeji’s creator, Adam Rocker, promised in a tweet that both he - a San Fransico-based developer - and the usual team will continue working on the app. In an email to PO, Adam said: We are glad to announce this acquisition, and also looking forward to working at Baidu ...
Nov 8 2011
3
2117
Baidu Confirms Acquisition of Instagram-like Start-up PhotoWonder
Baidu (NASDAQ:BIDU), China’s search giant, has just announced its acquisition of a small, Innovation Works-backed start-up called PhotoWonder. It produces an Instagram-like app and social network for iPhone and Android called PhotoSola (pictured above) which has the usual array of photo filters. It also has a stand-alone image-editing mobile app called PhotoWonder. With this acquisition, “PhotoWonder’s product, technology, team members and other resources will be integrated into Baidu,” says the press release, issued minutes ago. It was not revealed how much Baidu paid, or how many users PhotoSola has. We recently included ...
Oct 12 2011
1
574
Watch Out Amazon, Flipkart Enters Digital Distribution Space with Mime360 Acquisition
Flipkart, currently one of the largest e-commerce portals in India, has entered the digital distribution space by acquiring a Mumbai-based digital media distribution platform Mime360. Mime360 distributes digital content like music, movies, and games through its media distribution platform and offers a HTTP-based encryption technology, thereby enabling a fast and secure data delivery. Some of its partners include labels like Saregama, Universal, and music streaming portals like Gaana.com, mYusic, and iMusti.com. While the financial terms of this acquisition were not disclosed, Flipkart's co-founder Binny Bansal said that it has acquired both the platform and the team, and the ...
Oct 2 2011
2
540
Japan’s Apparel Giant World Acquires Fashion Walker For $14 Million
One more exit in Japan -- We learned that Tokyo's fashion e-commerce giant Fashion Walker has been acquired by Kobe-based apparel manufacturer World Co.,Ltd. for about 1.1 billion yen -- approximately US$14.3 million. With this acquisition, World Co. expects to intensify its development efforts in the fashion e-commerce industry. Fashion Walker was launched in 2005 as a fashion e-commerce platform jointly by Yahoo Japan and Tokyo-based apparel retailer, Branding (formerly known as Zavel). Branding was founded by Fumitaro Ohama who used to be a script writer for TV program productions. Fashion Walker targets potential customers in ...
Sep 27 2011
0
413
China’s Renren Acquires Video Site 56.com
Social networking service Renren has just announced that it has acquired 100 percent of 56.com, one of China’s video streaming services. The deal is worth $80 million dollars and is expected to be finalized in the fourth quarter of 2011. 56.com is one of China’s leading video sites, though it ranks well below competitors Youku, Tudou, Ku6, and Qiyi in terms of visitors. You can view a breakdown of the China’s video space in the chart below, according to numbers from iResearch. {"dataSourceUrl":"//docs.google.com/spreadsheet/tq?key=0Ankqe-fbHOHIdC1wbUtKQTFPa2JJZHpiczlZd2dhZmc&transpose=0&headers=1&range=A1%3AB11&gid=0&pub=1","options":{"title":"China's Top 10 Online Video Sites, Q2 2011, ...
Aug 8 2011
4
508
InMobi and Sprout Aim To Be “The Standard for HTML5 Rich Media Content Production”
As we reported last week, InMobi has acquired U.S-based Sprout for improved HTML5 ad offerings to go alongside its own current ad network. We were curious to hear how InMobi and Sprout would work together and so we sent an inquiry to the folks at InMobi. We got a reply from Sally Wuu, the head of marketing in Southeast Asia, who shared more details about the integration between InMobi and Sprout. Sally tells us: InMobi will integrate Sprout technology into their ad network operations and vice versa. Each company will also continue to ...
Aug 3 2011
2
468
InMobi Eyes HTML5 Mobile Ads, Acquires Sprout
An India-based company acquires a U.S-based company. Fascinating! We don’t often hear such news, as it is often goes the other way. InMobi which claims to be the world’s largest independent mobile ad network, has acquired Sprout to strengthen its HTML5 mobile ads department. Sprout is the creator of AdVine , a cloud-based software which help clients to create gorgeous HTML5 ads across all mobile platforms. Most impressively, AdVine’s clients include Facebook, Doubleclick, Intel, EA, and Walt Disney. The acquisition will help InMobile provide HTML5 mobile ads to consumers over 165 ...
Shanghai Boy Imitates Mobile Game, Jumps Off Five-Story Building
Feb 7, 2012
James Tong: How IDA and Gobi Ventures Help Startups Expand Into China
Feb 7, 2012
Thailand’s Ensogo Reflects on Success, Aspires to Expand in 2012
Feb 7, 2012
Jumpsurf Provides You With Cross-Border Mobile Wifi
Feb 6, 2012
FC2 Continues to Expand Web Services to Big Markets
Feb 7, 2012