M&A Deal Summary

Move Acquires iPlace

On August 10, 2001, Move acquired internet software and services company iPlace for 150M USD

Acquisition Highlights
  • This is Move’s 1st transaction in the Internet Software and Services sector.
  • This is Move’s largest (disclosed) transaction.
  • This is Move’s 1st transaction in the United States.
  • This is Move’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2001-08-10
Target iPlace
Sector Internet Software and Services
Buyer(s) Move
Deal Type Add-on Acquisition
Deal Value 150M USD

Target

iPlace

Langhorne, Pennsylvania, United States
iPlace, Inc. is a provider of online credit and neighborhood information to consumers.

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Buyer(S) 1

Buyer

Move

San Jose, California, United States
Category Company
Founded 1993
Sector Internet Software and Services
Employees900
Revenue 227M USD (2013)
DESCRIPTION

Move, Inc. is a provider of online real estate services, operates realtor.com®, which connects people to the essential, accurate information needed to identify their perfect home and to the REALTORS® whose expertise guides consumers through buying and selling. As the official website for the National Association of REALTORS®, realtor.com® empowers consumers to make smart home buying, selling and renting decisions by leveraging its direct, real-time connections with more than 800 multiple listing services (MLS) via all types of computers, tablets and smart telephones.

DEAL STATS #
Overall 1 of 7
Sector (Internet Software and Services) 1 of 6
Type (Add-on Acquisition) 1 of 7
State (Pennsylvania) 1 of 1
Country (United States) 1 of 7
Year (2001) 1 of 1
Size (of disclosed) 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-21 Threewide

Morgantown, West Virginia, United States

Threewide Corporation was founded in July of 1999 and has specialized in solving data management issues in the real estate vertical since its inception. In mid-2000, the company began to focus on the digital capture, packaging, and transport of data for brokerages, Multiple Listing Services, and other industry vendors. In 2007, Threewide launched ListHub, the nation's first listing asset management system for brokers.

Buy $13M
Mergr

Product

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