December 09, 2013
Business directory yell acquires website and ecommerce Beats By Dr Dre
Pro - Various Style And Top Quality Monster Dr Dre Beats Headphones Online
Sale builder moonfruit for Moonfruit was acquired by yell for $29 million
cash Related topics:Investment and finance, mergers and acquistions, moonfruit,
software and tools, yell Online business directory yell announced on tuesday
that it acquired uk website and ecommerce shop builder moonfruit for $29 million
in cash.Yell will pay retention bonuses of up to $8 million to key moonfruit
management after two years, if they remain exclusively employed by yell. Yell
says the deal will help it transform from its position in providing print and
online advertising for smbs to develop a leading role in the local
emarketplace.The technology it acquires through moonfruit will enable it to
provide websites, mobile sites and light commerce services to 1.3 million SMBs.
The acquisition focuses not only on the technology of moonfruit, but also the
talent.By offering retention bonuses, it will ensure a smooth integration and
transition through keeping the executive management team of joe white, eirik
pettersen and wendy tanwhite.Both yell and vistaprint focus on helping smbs
market their services, and in order to keep relevant in the online space and to
help businesses create a more robust online presence, have acquired providers
that already do so. "We believe there are significant strategic, cultural and
operating synergies between yell and moonfruit, mike pocock, chief executive
officer of yell said in a statement.Addition of moonfruit's services and team
helps us provide competitive advantage to our global sme customers in connecting
with consumers through digital, mobile and social. " Launched in 2000 in the uk,
moonfruit helps small businesses create websites with oneclick ecommerce,
mobile, and facebook store creation from beats by dr dre headphones a central
platform. With the facebook ipo on friday, the social network will have to set
its sights on making more money for shareholders, so its facebook stores may be
revitalized despite criticism that retailers like gap and jc penney(Which opened
and closed facebook stores in 2011)Aren making money using the integrated
storefront.Although larger retailers didn see success in the space, smbs may be
a better fit for fcommerce, and yell through its acquisition of moonfruit could
be the provider to capitalize on this. Today, more than 230, 000 online shops,
and nearly five million websites have been created with beats by dre solo moonfruit. Before it
partnered with shopping cart provider ecwid and began offering its online
presence builder platform to web hosting customers, websplanet worked with
yellow pages to help it retain its smb customers by creating online business
profiles.In the latest issue of the whir magazine, websplanet executive vice
president of international customers dvir benaroya discusses how its eclipse
platform can help web hosting customers manage their website and social media
presence.
Business directory yell acquires website and ecommerce Beats By Dr Dre
Pro - Various Style And Top Quality Monster Dr Dre Beats Headphones Online
Sale builder moonfruit for Moonfruit was acquired by yell for $29 million
cash Related topics:Investment and finance, mergers and acquistions, moonfruit,
software and tools, yell Online business directory yell announced on tuesday
that it acquired uk website and ecommerce shop builder moonfruit for $29 million
in cash.Yell will pay retention bonuses of up to $8 million to key moonfruit
management after two years, if they remain exclusively employed by yell. Yell
says the deal will help it transform from its position in providing print and
online advertising for smbs to develop a leading role in the local
emarketplace.The technology it acquires through moonfruit will enable it to
provide websites, mobile sites and light commerce services to 1.3 million SMBs.
The acquisition focuses not only on the technology of moonfruit, but also the
talent.By offering retention bonuses, it will ensure a smooth integration and
transition through keeping the executive management team of joe white, eirik
pettersen and wendy tanwhite.Both yell and vistaprint focus on helping smbs
market their services, and in order to keep relevant in the online space and to
help businesses create a more robust online presence, have acquired providers
that already do so. "We believe there are significant strategic, cultural and
operating synergies between yell and moonfruit, mike pocock, chief executive
officer of yell said in a statement.Addition of moonfruit's services and team
helps us provide competitive advantage to our global sme customers in connecting
with consumers through digital, mobile and social. " Launched in 2000 in the uk,
moonfruit helps small businesses create websites with oneclick ecommerce,
mobile, and facebook store creation from beats by dr dre headphones a central
platform. With the facebook ipo on friday, the social network will have to set
its sights on making more money for shareholders, so its facebook stores may be
revitalized despite criticism that retailers like gap and jc penney(Which opened
and closed facebook stores in 2011)Aren making money using the integrated
storefront.Although larger retailers didn see success in the space, smbs may be
a better fit for fcommerce, and yell through its acquisition of moonfruit could
be the provider to capitalize on this. Today, more than 230, 000 online shops,
and nearly five million websites have been created with beats by dre solo moonfruit. Before it
partnered with shopping cart provider ecwid and began offering its online
presence builder platform to web hosting customers, websplanet worked with
yellow pages to help it retain its smb customers by creating online business
profiles.In the latest issue of the whir magazine, websplanet executive vice
president of international customers dvir benaroya discusses how its eclipse
platform can help web hosting customers manage their website and social media
presence.
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