M&A roundup - week ending 11/14/15

Microsoft bought Secure Islands; Fossil acquired Misfit; Deliv purchased Zipments

Eyefi, a provider of digital photo-management apps and services, acquired OKDOTHIS, an app for idea-sharing for photographers. The terms of the transaction were not disclosed.

The acquisition expands Eyefi’s scope into a new area of digital photography: engaging directly with photographers to inspire creativity and the exchange of ideas.

The Eyefi Cloud will be integrated with the OKDOTHIS mobile app.

Open ad management company Sizmek acquired dynamic creative solutions business Pointroll. The company was acquired for $20 million.

The acquisition gives customers access to a wider range of capabilities within the Sizmek MDX including mobile media buying, multichannel/device measurement, and attribution.

In addition to the acquisition of the DCO business, Cofactor has appointed Sizmek as its preferred activation and distribution partner for digital content that Cofactor onboards for its customers.

WhatClinic, a healthcare comparison site for dental, plastic surgery and cosmetic treatments, acquired the U.K. dental booking site Toothpick. No financial terms of the deal were disclosed, though it said to have been less than £1 million.

Toothpick’s founders Sandeep Senghera and Jozef Wallis are staying with the company.

Founded in 2012, Toothpick had raised funding from Passion Capital, EC1 Capital, and 1 Seed.

Microsoft acquired Israeli security firm Secure Islands. No financial terms of the deal were disclosed.

After completing this acquisition, Microsoft will integrate Secure Islands’ technology into Azure Rights Management Service to provide a flexible architecture able to meet the most rigorous protection and compliance requirements.

Secure Island had raised $11.1 million in venture funding from Credit Suisse and Van Leer Ventures Jerusalem.

Deliv, which powers same day delivery and return services for omnichannel retailers, local merchants and eCommerce companies, acquired on-demand logistics platform Zipments. No financial terms of the deal were disclosed.

With the acquisition of Zipments, Deliv now provides same-day service for nearly 4,000 clients nationwide. Zipments services brands such as DVF, Ted Baker, and Trina Turk, on-demand companies such as Casper, Handy, and Plated, local merchants such as B&H, Murray's Cheese and Epicerie Boulud.

Zipments had raised $2.25 million in venture funding from FirstMark Capital and Huron River Ventures.

Home24,an online European furniture store, acquired German furniture shop Fashion For Home. Financial terms of the deal were not disclosed.

Fashion For Home’s founders Marc Appelhoff and Christoph Cordes are staying on and will become part of Home24’s management team, while the two brands will remain separate.

Founded in 2009, Fashion For Home had raised funding from Acton Capital Partners and HV Holtzbrinck Ventures.

AVG Technologies acquired Israeli photo-management startup MyRoll. Financial terms of the deal were not disclosed.

The company's two products, MyRoll and Gallery Doctor Technologies, will continue to operate for now under the umbrella of AVG. In the near future, they will be integrating their technology into existing AVG products.

Founded in 2012, MyRoll had raised $2.45 million in funding from Aviv Venture Capital, iAngels, and Kaedan Capital, among others.

Wristwatch maker Fossil Group agreed to acquire fitness wearables company Misfit. The purchase price of $2 60 million, including transaction costs, will be funded through a combination of cash on hand and bank debt.

 Fossil is getting Misfit's cloud and app platform, its software and hardware engineering  team, its native wearable technology brand and a pipeline of innovative products.

Sonny Vu, founder and chief executive officer of Misfit, will serve as president and  c hief technology officer of  connected devices for Fossil Group, Inc., and will be a member of the company’s executive leadership team.

Misfit had raised $64.4 million in venture funding from GGV Capital, Xiaomi, JD.com, Shunwei Horizons Ventures, Khosla Ventures, Founders Fund and Northwest Venture Partners.

Fossil Group expects the acquisition to close before the end of  fiscal  2015, subject to customary closing  conditions and  regulatoy approval.

Online taxi-booking company Ola acquired Geotagg, a trip-planning applications company. Financial terms of the deal were not disclosed.

The acquisition will strengthen Ola's new bus-shuttle service. Ola is investing Rs 120-150 crore to launch its intra-city bus service, which it is piloting in the Delhi-National Capital Region.

Swrve, a mobile marketing engagement company, acquired adaptiv.io, a data automation platform for mobile. No financial terms of the deal were disclosed.

The acquisition resulted in the Swrve Amplify product, which will enable mobile marketers to build omni-channel marketing campaigns informed by real-time data streams.

Adaptiv.io had raised $10 million in venture fundining

Personify, a provider of software solutions for  association and member-focused organizations, acquired Small World Labs, an online community and social collaboration platform that enables organizations to connect, engage and collaborate with their supporters. No financial terms of the deal were disclosed.

Pairing Personify’s member management capabilities will be combined Small World Labs’ community management solution. Personify’s senior management team will be joined by Small World Labs founder Michael Wilson, as Chief Marketing & Strategy Officer.

Founded in 2005, Small World Labs had raised $1 million

iGambit, a diversified holding company, acquired Wala, Inc, doing business as ArcMail Technology, a leading provider of email and enterprise archiving and management solutions. The purchase was made via a stock purchase agreement. 

ArcMail will operate as a wholly owned subsidiary of iGambit.

Founded in 2005, ArcMail had raised $3 million in funding from Advantage Capital Partners and Louisiana Technology Innovation Fund,

RecruitLoop, an online curated marketplace for independent recruiters, acquired integrated marketing startup Red Bridge, the company behind Sales Hacker. No financial terms of the deal were disclosed.

The acquisition is the first for RecruitLoop and will see Red Bridge’s three cofounders, Alex Burkholder, Andrea Lodigiani and Craig Jordan, will assume key roles within the RecruitLoop team from the beginning of November.

Red Bridge was founded in 2014.

itslearning AS, a market leading learning management system provider, acquired Scandinavian-based learning management system Fronter from Pearson. No financial terms of the deal were disclosed.

The two companies have joined forces under the itslearning brand. Moving forward, Fronter will function as a product offering within itslearning's platform portfolio.

Fronter will continue to be developed, while its capabilities and functionalities will also be integrated into itslearning. These will be used to accelerate innovation and create value for customers.

Zayo Group Holdings, a provider of bandwidth infrastructure and network-neutral colocation and connectivity services,  entered into a definitive agreement to acquire Viatel’s infrastructure and non-Irish enterprise businesses. The purchase price is approximately €95 million.

The Viatel acquisition will provide Zayo with Pan-European intercity and metro fiber capability via an 8,400 kilometer fiber network across eight countries. The transaction will add 12 new metro networks, seven data centers and connectivity to 81 on-net buildings

The all-cash transaction is expected to be funded with cash on hand and to close by the end of the calendar year, subject to customary closing conditions.

DraftDay Gaming Group, a daily fantasy sports website, acquired SportsTradex, another company in the same space. No financial terms of the deal were disclosed.

SportsTradex customers will be transferred to the DraftDay platform, with a formal arrangement expected to be in place by game-time next weekend.

Customers will receive a 100% matching bonus (up to $500) along with an exclusive promotion for a special SportsTradex/DraftDay contest when they transfer.

(Image source: housingwire.com)