M&A Deal Summary

Diigo Acquires Furl.net

On March 9, 2009, Diigo acquired internet software and services company Furl.net from LookSmart

Acquisition Highlights
  • This is Diigo’s 1st transaction in the Internet Software and Services sector.
  • This is Diigo’s 1st transaction in the United States.

M&A Deal Summary

Date 2009-03-09
Target Furl.net
Sector Internet Software and Services
Buyer(s) Diigo
Sellers(s) LookSmart
Deal Type Divestiture

Target

Furl.net

United States
Furl.net is a web page clipping and archiving service.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Diigo

Reno, Nevada, United States

Category Company
Founded 2005
Sector Internet Software and Services
DESCRIPTION

Diigo, Inc. is a social bookmarking and annotation service provider.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1

Seller(S) 1

SELLER

LookSmart

San Francisco, California, United States

Category Company
Founded 1996
Sector Internet Software and Services
Employees18
Revenue 4M USD (2014)
DESCRIPTION

LookSmart Ltd. is a online advertising company. LookSmart has been connecting advertisers and agencies to high quality sources of inventory for performance marketing, and helps online publishers monetize their inventory through our award winning Ad Center platform


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-09-22 Furl.net

United States

Furl.net is a web page clipping and archiving service.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-15 Syncapse

Toronto, Ontario, Canada

Syncapse Corp. is a provider of cloud-based software and strategic services to help enterprises build, manage and measure their social media presence.

Buy -