Tag: mergers & acquisitions

Crowdsourcing the next big M&A with Merjerz

I had the privilege of meeting Arye Schreiber, an Israeli entrepreneur and founder of a new startup Merjerz. Optimizing the M&A experience Merjerz is an online “dating” site for prospective acquirers and targets to meet and enhance the M&A experience. It works by users of the site proposing M&A deals, and then other users commenting on the specific deal. For example, Jon Smith puts up a link that says “Cisco should acquire OurCrowd.” Merjerz’s users then can add their insights, creating a stream of up-to-date data, opinion, and crowdsourced sentiment. Now the acquirers are far better informed on specific companies and can make a better and more optimal choice and decision. This information is extremely hard to obtain, and the plan of the Merjerz is to charge large businesses and corporations yearly membership fees. The site also has a Corporate Review page, where the pros and cons of any hi-tech company can be discussed. Everyone can use this information for current, credible, and professional perspectives on a hi-tech corporation. One of the best traits to have when starting a company is experience in the field. Arye...

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Israeli Startup SweetPacks acquired for $43 million

Israeli company SweetPacks, founded in 2000, was just recently acquired by Perion Network, an Israeli digital media company. The acquisition, worth $43 million in cash and stocks, took place on November 12th, 2012.[bra_blockquote align=””]“This combination provides meaningful scale and adds improved back-end systems that will strengthen our competitive advantage,” said Josef Mandelbaum, Perion’s CEO. “This acquisition further accelerates our own efforts to scale, adds 22 million new users, creating a larger and more profitable company.”[/bra_blockquote] SweetPacks is a company that provides users with easy to use tools to enhance the digital experience, such as SweetIM, a messaging tool that allows users to express across messaging, Facebook, and Email. The company also has other cool apps. Ginger is an app that saves you from embarrassing typos and horrible grammar. The app underlines words that don’t fit in the sentence based off the sentence’s context and structure. SweetPacks was founded in 2000, and generated almost $30 million in 2012, almost double the profits the company saw in 2011, which came in at $15.7 million. SweetPack’s CEO Nadav Goshen will join Perion...

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