It was raining outside but inside 11 Wall Street China’s Renren became the first social networking firm to list on The New York Stock Exchange.
CoStar Group Inc , an information service provider to REITs, agreed to buy LoopNet Inc for about $860 million in cash and stock, to double its paid subscriber base.
IHS Inc. (NYSE: IHS), the leading global source of information and analysis, today announced it has acquired ODS-Petrodata, a premier provider of data, information and market intelligence to the offshore energy industry.
LOS ANGELES, CA–(Marketwire – 01/24/11) – Leads360, the industry leader in sales lead management software, today announced the hiring of Paul T. Ryan as chief technology officer (CTO). With more than 20 years of experience architecting and building complex systems to support a wide variety of industries, Ryan is a seasoned technology entrepreneur with a history of successful ventures.
Ed brings investment experience and entrepreneurial savvy to leading early stage Southern California venture capital firm.
MerchantCircle, a social network for business owners, is launching a content portal which may help consumers find local businesses through search functionality. The Local Content Studio (LCS) soft-launched in May, giving local businesses the ability to create short-form content within the MerchantCircle space.
Hyperlocal business directory MerchantCircle is getting into the content game today with the launch of a “Local Content Studio.” Merchant Circle, which has been steadily growing, is a business directory for merchants in smaller towns and currently lists 1.3 million small businesses. MerchantCircle has local business members in 95% of the 24,600 U.S. cities and towns with populations over 200.
Gates Corporation, manufacturer of industrial and automotive products, systems and components, has selected InSync’s iApp Builder to build and run an asset monitoring application for improving product and process visibility.
Santa Monica-based Total Beauty Media, the online fashion content site run by Emrah Kovacoglu, said this morning that it has acquired LimeLife.com, a female lifestyle and celebrity news site. Financial terms of the acquisition were not announced. LimeLife was founded by Kristin McDonnell. LimeLife is based in Menlo Park, and had raised somewhere north of $20M in funding from Core Capital, i-Hatch Ventures, Monitor Venture Partners, Rustic Canyon Partners, and US Venture Partners. Total Beauty is also a portfolio firm of US Venture Partners, and has also gained funding from Wallington Investors.
Immediately after implementing Leads360′s sales lead management software, Residential Finance Corporation has attained an 80 percent increase on Internet sales and a 100 percent increase within six months after implementation. To tailor its lead distribution functionality based on the skill set of its agents, RFC employed Leads360′s cutting-edge technology. RFC was also recognized in the industry as the Sales Department of the Year, having won the 2009 Stevie Award.