Money media: deals this week

(Jan 12) Private Equity firm Seguin partners has bought publishing house CFO Publishing from The Economist Group, for an undisclosed sum.

The acquired publisher produces CFO magazine with a complementary website alongside other publishing and conference services. The Economist will retain a minority stake as a part of the deal. (Source: minonline)

(Jan 12) Chinese firm Shanda Games Ltd is set to acquire US-based games platform Mochi Media Inc, in a move to expand its online gaming presence.

The Shanghai-based company said today that it expects the purchase, comprising up to US$60 million cash and $20m in shares, to expand its global distribution.

Shanda said the target firm's network of 140 million monthly users and more than 15,000 browser-based games were key attractions. (Source: Reuters)

(Jan 11) Media planning consultancy TargetCast has expanded its digital marketing services with the purchase of fellow US firm Triumph360. The deal was for an undisclosed amount. (Source: adweek)

(Jan 11) US-based Powered Inc. has added three smaller firms to its portfolio and created, according to the group, the largest social media marketing agency in North America.

It acquired the three US companies Crayon, Drillteam and StepChange for an undisclosed amount. (Source: powered)

(Jan 6) Chinese digital advertising firm, VisionChina Media, which operates TV commercials on mass transit systems, has bought Digital Media Group for $160m.
The acquired firm shares the same operations, in China's subway mobile TV market. (Source: CNNMoney.com)

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