Transactions > by Sector > Technology | JEGI - Independent Investment Bank

AdSpace Networks raised $20 million in a Series D round of financing led by Valence Capital Management with full participation from existing investors, including AIG Global Sports and Entertainment Fund, Doll Capital Management (DCM) and GIC Special Investments. Founded in 1998, AdSpace is the leading full-motion, all-digital advertising network for malls. AdSpace will use the capital to expand its digital mall advertising network into malls across the country. This transaction perfectly illustrates the significant ongoing shift from static to full-motion digital media in the out-of-home market.

The Jordan, Edmiston Group represented AdSpace Networks in this transaction. For more information, click here.

Moreover Technologies, the premier provider of real-time news and business information, was acquired by VeriSign Inc. (NASDAQ: VRSN), the provider of intelligent infrastructure services that enable people and businesses to transact across the global network.

The Jordan, Edmiston Group represented Moreover in this transaction. For more information, click here.

Gannett Co., Inc. (NYSE: GCI) has announced the acquisition of the stock of PointRoll, Inc., a leading interactive advertising technology company that provides user-friendly, non-intrusive "mouse over mini-site" Internet technology. This technology enables advertisers to expand their space online and receive more measurable impact from their online advertising campaigns. PointRoll will join Gannett's USA Today division. The Jordan, Edmiston Group represented PointRoll in this transaction.

Bandalong Entertainment, an instant-messaging entertainment company, has secured Series A funding from Baker Capital, a private equity firm that invests primarily in communications equipment, services and applications providers. The Jordan, Edmiston Group, Inc. represented Bandalong Entertainment in this transaction.

Information technology (IT) media company TechTarget has acquired Boston-based Bitpipe, Inc. for $40 million in cash. Bitpipe is the #1 distributor of IT white papers, and, with TechTarget, one of the two fastest growing media companies serving enterprise IT professionals and executives. As a result of the acquisition, TechTarget now owns a majority share of the market for the distribution of IT white papers and other vendor-supplied content—serving a larger number of IT professionals and executives, and generating more revenue from that activity, than all other IT publishers combined. The Jordan, Edmiston Group represented Bitpipe in this transaction.

Infogate, Inc., a premium online subscription service, has been sold to America Online, Inc., a wholly owned subsidiary of AOL Time Warner Inc. (NYSE: AOL). The Jordan, Edmiston Group represented Infogate in this transaction.

Robocast, Inc., a leading provider of Web automation software technology and information services sold an equity interest to World Communications System. The Jordan, Edmiston Group represented Robocast in this transaction.

Ziff-Davis, Inc., through its Ziff-Davis Education division has sold Support on Site to Micro House International, Inc. Support on Site comprises multi-vendor, multi-source software tools for the help desk support market. The Jordan, Edmiston Group represented Ziff-Davis in this transaction.