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Disney To Make Up To 20 Startup Acquisitions In Next 24 Months

November 28th, 2007 at 12:30 pm

Source:Techcrunch
French Internet company Hi-Media,operator of one of Europe’s largest ad networks and micro-payment services, completed its acquisition today of Fotolog. The $90 million deal was first announced last August. Since then, Fotolog has added two million more members for a total of 13 million, and claims 3.9 billion page views a month. […]Source:Techcrunch
A new group has been created within the corporate strategy group at Disney, we’ve heard, and they are gearing up to make a number of consumer Internet acquisitions over the next 24 months. They’re already in early stage discussions with at least a couple of startups, and have introduced themselves to a number of venture […]

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