M&A Deal Summary

Answers Acquires Webcollage

On May 28, 2013, Answers acquired internet software and services company Webcollage for 37M USD

Acquisition Highlights
  • This is Answers’ 2nd transaction in the Internet Software and Services sector.
  • This is Answers’ largest (disclosed) transaction.
  • This is Answers’ 2nd transaction in the United States.
  • This is Answers’ 1st transaction in New York.
Investment Fate
  • Webcollage was divested to a consortium of strategic buyers in 2018.

M&A Deal Summary
Date 2013-05-28
Target Webcollage
Sector Internet Software and Services
Buyer(s) Answers
Deal Type Add-on Acquisition
Deal Value 37M USD
Advisor(s) Needham & Co. LLC (Financial)

Target

Webcollage

New York, New York, United States
Webcollage, Inc. is a cloud-based platform for the publishing of rich product content and syndication across retail sites globally. Webcollage was founded in 1999 and is based in New York, New York.

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Buyer(S) 1

Buyer

Answers

New York, New York, United States
Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

Answers Corp. is an operator of online Q&A site that is a community-generated social knowledge Q&A platform, leveraging wiki-based technologies. Through the contributions of its large and growing community, answers are improved and updated over time. Answers was founded in 1999 and is based in New York City.

DEAL STATS #
Overall 2 of 3
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 2 of 3
State (New York) 1 of 1
Country (United States) 2 of 3
Year (2013) 1 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-07-16 Dictionary.com

Oakland, California, United States

Dictionary.com is an online source for English definitions, synonyms, word origins, audio pronunciations, example sentences, slang phrases, idioms, word games, legal and medical terms, Word of the Day and more. The Company helps millions of people improve their use of the English language with its free digital services. Dictionary.com was formed in 1995 and is based in Oakland, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-20 ForeSee Results

Ann Arbor, Michigan, United States

ForeSee Results, Inc. is a provider of software solutions to retail, financial services, utilities, and the public sector to measure and benchmark a 360-degree view of the customer across every touchpoint in digital, location, and contact center. ForeSee Results was founded in 2001 and is based in Ann Arbor, Michigan.

Buy -
Mergr

Product

Company

Legal