Application Software M&A » By The Online Investor Staff, updated Thu., May. 26, 12:36 AM
Recent mergers and acquisitions in the Application Software M&A category.
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Slide #6. Remark Media — Hotelmobi
Acquirer:
Remark Media (NASDAQ:MARK)
Acquiree:
Hotelmobi
Details:
Remark Media, Inc. (NASDAQ: MARK), a global digital media company, today announced the acquisition of Hotelmobi, a company engaged in the development, ownership and operation of hotel booking applications. Hotelmobi plans to launch its widely anticipated "Roomlia" application in the third quarter of 2014.
Remark Holdings is a holding company. Through its subsidiaries, Co. in engaged in the global technology business with artificial intelligence (AI) and data-analytics, as well as a portfolio of digital media properties. Through the proprietary data and AI software platform, Co.'s Remark AI business in the U.S. and the KanKan AI business operated by the variable-interest entities in the Asia-Pacific region deliver AI-based computer vision products, computing devices and software-as-a-service solutions for businesses in various industries. In addition, Co. provides online merchandise from Bikini.com, its e-commerce website selling swimwear and accessories.
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Avg. Broker Rec.
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