Posts Tagged ‘acquistion’

Sprylogics Announces Financing of Approximately $5 Million and Provides Update on Poynt Acquisition

TORONTO, July 17, 2013 /CNW/ - Sprylogics International Corp. (TSXV: SPY), (“Sprylogics” or “the Company”), the international provider of innovative mobile search and messaging monetization services, announces that it has entered into an engagement letter with Beacon Securities Limited (the “Agent”) in respect of a private placement of subscription receipts of Sprylogics on a best efforts basis (the “Offering”). The Offering consists of a private placement of approximately 12,500,000 subscription receipts (the “Subscription Receipts”) at a price of$0.40 per subscription receipt for gross proceeds of approximately $5,000,000. Read more

Netbreeze Acquired by Microsoft

In a move to improve their social analytics capabilities, Microsoft has acquired Netbreeze, a company we have highlighted in the past. Bob Stutz of Microsoft reports, “If you have a brand to protect, a product or a service to sell, then you cannot afford to overlook the wealth of information that is now available to you via social media… That’s why, fast on the heels of our MarketingPilot announcement, I am happy to share the news with you about another acquisition—this time in the social listening and analytics space.  When Microsoft considers an acquisition, we look for leading edge technology companies with innovative IP that aligns with our technology and can scale for the enterprise; this is what we were fortunate enough to find with Netbreeze.  A dynamic Swiss company started by some incredibly talented analytics scientists that we enthusiastically welcome to the Microsoft family.” Read more