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January 07, 2008
Roundup of German Web M&A Above $100M
Over at Deutsche Startups is a list of last year's most significant online-related M&A deals. We hightlight four from that list that came in above the $100M mark.
The largest publicly announced deal was the Deutsche Telekom takeover of Immobilienscout24, a deal that valued 66.2% of the venture at €360M. Deutsche Startups said that media companies Springer, Holtzbrinck and Burda had also been interested in acquiring the online real estate sites.
Second on the list was the Zanox takeover by Springer, a deal that valued the affiliate marketing specialist at up to €215M.
At third place was the Boursorama acquisition of stock market information provider OnVista (which was publicly traded. A valuation of about €140M is tagged to that one.
And the fourth M&A transaction above $100M is social networking site StudiVZ's acquisition by media company Holtzbrinck. The angel-backed company was valued at €85M, about $125M with today's exchange rate.
Posted on January 7, 2008 02:20 PM | Posted to Online services | Permalink
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