The former leader in China's video streaming market, Youku Tudou, seems to have wilted under the weight of its acquirer's platform.
When contacted, Tok Tok Tok co-founder Serge Alleyne declined to offer further comment, citing a confidentiality agreement with the platform's acquirer, except to maintain that it was "great news" for the startup, which we'd heard was on its last legs for a while now.
And then our acquirer got acquired last month.
According to two sources with knowledge of the deal, Disney is indeed the acquirer of MakieLab's "technology and platform".
If they do have a product in the market, it's rare that the acquirer can integrate it with its platform in a cost-effective way or at the scale required by the acquiring company.
Sysomos, the social analytics company that recently split from its former acquirer Marketwire, today announced that it has acquired Expion, an enterprise social marketing platform that counts the likes of CocaCola, Heineken, Volvo and other major brands among its customers.
So any deal would have probably had to be around a half-billion dollars, which might be hard for an acquirer to swallow considering the company's historical problems with platform risk.
I also understand that the administrator Moorfields has been appointed and will now be tasked with finding an acquirer for any of Jinn's remaining assets, namely the software platform that powered the ordering and dispatching functionality of the delivery service.
It is clear, however, that, since its $80 million raise in September from New Enterprise Associates and Omers Ventures, Desire2Learn has been looking to become an acquirer in EdTech, and its hiring of McDowell, who previously helped lead platform marketing and business development at fellow Waterloo resident BlackBerry, is another demonstration of that.
The "absorption" type is when the acquired organization is fully absorbed by and becomes a part of the acquirer.
Jefferson was "a chronic acquirer".
