TORONTO, May 31, 2013 /CNW/ - Sprylogics International, the international provider of innovative mobile search and messaging monetization services announces that it has signed a Letter of Intent to acquire Poynt Inc. (“Poynt”).

Under the terms of the deal, Sprylogics will provide the following consideration to the owners of Poynt: (i) issue a two (2) year note in the amount of $2.5 Million (CDN) with an annual interest rate of 6.5% payable quarterly in cash and / or stock, which will be secured against the assets of Poynt; and (ii) issue up to $500,000 in Sprylogics shares.  Additionally, the current owners of Poynt will retain a 10% interest in the exploitation of Poynt patents. Sprylogics will assume liabilities and fees associated with the purchase transaction as well as costs associated with management of the assets.  The parties have further agreed that under certain circumstances within the deal structure, payment of the$2.5 Million (CDN) may be accelerated. Read more

CHICAGO, IL and STOCKHOLM, SWEDEN–(Marketwired – May 6, 2013) – EPiServer, a global software provider for innovative ecommerce and digital marketing solutions, today announced its acquisition of Swedish search provider, Euroling. Following the acquisition, EPiServer will continue to support the customers and partners of the wholly-owned subsidiary of Euroling. Because the two organizations have joint stakeholders, the acquisition allows for improvements to operational efficiencies and presents opportunities for consolidation. Read more

Greg Sterling of Search Engine Land reports, “Yahoo and Jybe announced that the latter was being acquired by the former. Jybe, which I had not heard of previously, is described by Yahoo as ‘a personalized recommendation company founded with the vision to help people find the things they love to do based on what’s trending in their social circles.’ It sounds like a ‘social search’ or ‘social discovery’ app. Indeed, all five Jybe team members are former search people — and former Yahoo employees: ‘As part of this acquisition, we’re welcoming an extremely talented group of engineers and data scientists who will join Yahoo!’s platform organization, focused on targeting and personalization. This will be a ‘coming home’ for the team — all five are former Yahoos. Arnab Bhattacharjee was the VP of Yahoo!’” Read more

A new article reports, “Internet firm Info Edge, which owns job portal Naukri.Com, today said it has acquired software developer MakeSense Technologies for Rs 8 crore. ‘The Company has acquired MakeSense Technologies Private limited for about Rs 80 million,’ Info Edge said in a filing to the BSE. MakeSense Technologies has developed proprietary software for semantic search, which will augment search capabilities for both recruiters and job seekers, principally on the company’s portal Naukri.Com, it added.” Read more

According to a release out of the company, “Parta Dialogue, a leader in social media optimization, analytics and Social Learning, announces today that it has signed a letter of intent (LOI) to acquire MyTwatch, a private Paris-based e-intelligence and social marketing technology company.” Parta Dialogue CEO Paul Allard commented, “This acquisition is an important step for us in building out the most robust offering in the market for brands and companies to win at digital social media strategy. MyTwatch’s proprietary listening technology and semantic analysis round out our strengths in creating, distributing and measuring social media content. With the capability to execute in 6 languages, their platform will become a key aspect in our effort to attract customers globally.” Read more

Brian Proffitt of Read Write Web reports, “A year after Hewlett-Packard’s head-scratching acquisition of semantic-search company Autonomy for $10.3 billion, the move seems to have blown up in HP’s face. HP is admitting today ‘serious accounting improprieties’ by Autonomy. Serious indeed. HP’s fourth-quarter earnings will reflect an $8.8 billion write-down related to the improprieties. Overall, HP is reporting a 4Q loss of $6.9 billion, a bad skid for a company that seems more out of control every day. When the deal was initially brokered by HP’s then-CEO Léo Apotheker in August 2011, there were a lot of ‘what the hell?’ comments flying around. HP had just bought a UK business that did not seem to fit HP’s business model.” Read more

According to a new release out of Britehouse, “Britehouse Holdings has formally announced its acquisition of a 60% stake in Firestring for an undisclosed amount. Britehouse is a market leader in delivering SAP and Microsoft services, as well as solutions designed specifically for the new world of work, which is mobile, social and increasingly semantic. Firestring has developed a unique and revolutionary social-semantic engine that analyses large volumes of corporate unstructured information and creates automated meta-data tags, thus creating unprecedented levels of corporate information ‘findability’.” Read more

IHS has acquired Information Machine for about $40 million. According to the article, “Invention Machine is a leader in semantic search technology that uncovers relevant insights held within a wealth of internal and external knowledge sources, transforming the underlying data into actionable intelligence. Their patented semantic question-answering software engine leads engineers and knowledge workers to information quickly and enables them to rapidly digest it to make better decisions. As previously announced, IHS also has completed the closing of its acquisition of GlobalSpec Inc., from Warburg Pincus LLC for $135 million. GlobalSpec is the leading specialized vertical search, product information and global access point providing critical digital information tied to key Product Engineering and Design workflows for seven million engineers.” Read more

A new article reports that the Office for Fair Trading (OFT) will review Experians’ recent acquisition of Garlik: “The private equity firm of the late Nottingham Forest owner Nigel Doughty, who died at the weekend, sold its stake in Garlik as part of the deal. The Nottingham-based information services company acquired Garlik in December with the aim of extending its presence in the identity protection field. The watchdog revealed last week that is reviewing the deal and has issued an invitation to comment.” Read more

Matthew Ingram reports, “Twitter made an interesting acquisition on Thursday, when it bought a young Canadian startup called Summify, a company whose service (as its name implies) was designed to cut through the noise of all those social-media streams and summarize the content that matters. More than anything, this is perhaps the single biggest hole that exists not just in Twitter but Facebook and other services as well: the need to give users more ways of filtering the massive amounts of information that keep flooding their activity streams and other social-media inboxes. There are so many ways of producing and sharing content but so few good ways of filtering.” Read more