News, Insights and Stories from the Australian and New Zealand tech ecosystem.

Mergers and acquisitions round up

It’s Friday yet again, which means it’s time to take a look at this week’s mergers and acquisitions:

TripAdvisor acquires Dimmi

TripAdvisor has acquired Australian restaurant booking platform Dimmi, which has a network of over 2,500 restaurants. The platform will be joining TripAdvisor’s restaurant division, which operates under the name ‘TheFork’ in Europe, with Dimmi’s team continuing to work in Sydney. Bertrand Jelensperger, CEO, TheFork, said in a statement, “From Perth to Melbourne, Dimmi has become the preferred booking platform for restaurants and diners and the company will be a valuable addition as we continue to strengthen our global restaurant offering.”

Stevan Premutico, CEO and founder of Dimmi, added, “TripAdvisor is the global leader in travel and together we will become a global leader in restaurant search and discovery. Dimmi joining the TripAdvisor family will benefit our restaurant partners and diners alike. This is an exciting time for the Australian restaurant industry.”

Palringo acquires Tribe Studios

British chat app developer Palringo has acquired Finnish game studio Tribe Studios to continue targeting gaming communities. Tim Rea, CEO of Palringo, told GamesIndustry.biz, “Tribe Studios has a unique offering that fits perfectly with our ambitions of establishing Palringo as the pioneer in mobile community gaming. The combination of games, messaging and communities creates a fantastic, sustainable proposition. They have a great team and we’re excited to work with them to bring their Dramagame concept to mobile through Palringo’s chat games.”

Tribe Studios’ Elina Arponen said about the deal, “We are very excited to join Palringo. In the chat environment we can really focus on the core elements of Dramagame and exceed player expectations. This is a great opportunity to build the next paradigm of mobile gaming.”

Automattic acquires WooCommerce

Automattic, the company behind WordPress.com, has acquired WooCommerce, an ecommerce toolkit that allows users to create a shopfront for their WordPress site. The WooCommerce plugin has 7.5 million downloads and more than 1 million active installs, powering around 650,000 stores already.

Matt Mullenweg, founder and CEO of Automattic and cofounder of WordPress, said in a blogpost, “In the past few years, WooCommerce really distinguished itself in its field. Just like WordPress as a whole, it developed a robust community around its software, and its products meet the needs of hundreds of thousands of people around the world. Woo is also a team after Automattic’s own distributed heart: WooCommerce is created and supported by 55 people in 16 countries. Added to Automattic’s 325 people in 37 countries, that’s a combined 380-person company across 42 countries — the sun never sets. I can’t wait to meet all my new colleagues.”

Image: Matt Mullenweg of Automattic, via ma.tt





Startup Daily