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M&A Deal Summary

Comcast Acquires DailyCandy

On August 5, 2008, Comcast acquired internet software and services company DailyCandy for 125M USD

Acquisition Highlights
  • This is Comcast’s 3rd transaction in the Internet Software and Services sector.
  • This is Comcast’s 8th largest (disclosed) transaction.
  • This is Comcast’s 7th transaction in the United States.
  • This is Comcast’s 1st transaction in New York.

M&A Deal Summary
Date 2008-08-05
Target DailyCandy
Sector Internet Software and Services
Buyer(s) Comcast
Deal Type Add-on Acquisition
Deal Value 125M USD

Target

DailyCandy

New York, New York, United States
DailyCandy is New York-based email newsletter. It operates in a range of American cities, including Boston, Chicago, Dallas, Miami, Los Angeles, Philadelphia, and San Francisco.

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Buyer(S) 1

Buyer

Comcast

Philadelphia, Pennsylvania, United States
Category Company
Founded 1963
Sector Media
Employees182,000
Revenue 123.7B USD (2024)
DESCRIPTION
Comcast Center in downtown Philadelphia, Pennsylvania.
Comcast Center in downtown Philadelphia, Pennsylvania.

Comcast is a media and communications company that provides entertainment, information, and communications products and services in the United States and internationally. Comcast was incorporated in 1963 and is based in Philadelphia, Pennsylvania.

DEAL STATS #
Overall 7 of 26
Sector: Internet Software and Services M&A 3 of 7
Type: Add-on Acquisition M&A Deals 5 of 21
State: New York M&A 1 of 6
Country: United States M&A 7 of 24
Year: 2008 M&A 2 of 2
Size (of disclosed) 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-14 Plaxo

Sunnyvale, California, United States

Plaxo is a provider of software tools and services to manage contacts.

Buy $150M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-09 Cimco Communications

Oakbrook Terrace, Illinois, United States

Cimco Communications is a CLEC serving mid-sized business customers. A technology solutions provider, CIMCO offers advanced voice and data solutions to leading businesses who appreciate the rare combination of cutting-edge technology and old-fashioned customer service.

Buy -
Mergr

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