Google purchases deals business

The Dealmap, an aggregator of shopping deals, has been acquired by Google for an undisclosed amount.
Round-up of today's M&A deals


The Dealmap, an aggregator of shopping deals, has been acquired by Google for an undisclosed amount.
Round-up of today’s M&A deals

The Dealmap, an aggregator of shopping deals, has been acquired by Google for an undisclosed amount.

The acquisition of the US-based company is said by Google to help grow its presence in the US deals market which it entered in June with Google Offers.

The Dealmap brings together deals, discounts, and coupons from a variety of sources and plots them on a map of the US.

‘We are impressed with what The Dealmap team has accomplished and excited to welcome them to Google,’ Google says in a statement.

‘We’ve been thrilled with the early success of our commerce offerings, and we think they can help us build even better products and services for consumers and merchants.’

Dealmap says it will continue to support its core products and partner services.

Round-up of today’s M&A deals

  • European aerospace group EADS has signed a cash deal to buy satellite communications firm Vizada

Value: £587.14 million

Advisers: UBS

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  • Avnet acquires Taiwanese semiconductor distributor Prospect Technology increasing its technical expertise in Asia

Value: Prospect Technology’s revenues for 2010 were approximately £96.47 million

Advisers: undisclosed

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  • Cumulus Media completes acquisition of Cumulus Media Partners

Value: undisclosed

Advisers: undisclosed

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  • OnX Enterprise Solutions completes acquisition of Agilysys Technology Solutions Group

Value: undisclosed

Advisers: undisclosed

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  • Ybrant Digital and LGS Global to merge

Value: £338.03 million

Advisers: GE Asia Pacific Capital, Oak Investment Partners

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  • IncrediMail to acquire Smilebox

Value: £15.34 million with an additional £9.2 million if targets met

Advisers: undisclosed

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  • Autodesk acquires Instructables

Value: undisclosed

Advisers: undisclosed

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  • ACS, a company of Xerox, has acquired Innova Consulting’s Italian facilities

Value: undisclosed

Advisers: undisclosed

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  • New Wave Group has completed the acquisition of Ahead

Value: undisclosed

Advisers: undisclosed

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  • Milestone Group, which provides digital media and technology services, has acquired Facilitated Electronic Data System and the Live Incident Management Interactive Trainer (LIMIT) from BGP Global Services

Value: undisclosed

Advisers: undisclosed

Read more

Todd Cardy

Adelbert Swaniawski

Todd was Editor of GrowthBusiness.co.uk between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital. Connect with...

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