M&A Deal Summary

Defy Media Acquires Sconex

On March 27, 2006, Defy Media acquired internet software and services company Sconex

Acquisition Highlights
  • This is Defy Media’s 1st transaction in the Internet Software and Services sector.
  • This is Defy Media’s 2nd transaction in the United States.
  • This is Defy Media’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2006-03-27
Target Sconex
Sector Internet Software and Services
Buyer(s) Defy Media
Deal Type Add-on Acquisition

Target

Sconex

Cambridge, Massachusetts, United States
Sconex LLC is a online community for high school students.

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Buyer(S) 1

Buyer

Defy Media

New York, New York, United States

Category Company
Founded 1996
Sector Media
Employees602
DESCRIPTION

Defy Media is a provider of innovative youth-focused media and full-scale marketing programs through multiple operating business units in digital, display advertising, direct mail, entertainment content creation and educational programming. Defy Media was founded in 1996 and is based in New York City.


DEAL STATS #
Overall 2 of 5
Sector: Internet Software and Services M&A 1 of 3
Type: Add-on Acquisition M&A Deals 2 of 4
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 5
Year: 2006 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 Market Place Media

New York, New York, United States

Market Place Media is a provider of an advertising services to ad agencies and large corporate marketers, focused on placing advertising in the college, minority, and military markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-04 Takkle

Brooklyn, New York, United States

Takkle, Inc. operates an online community for high school athletes.

Buy -