KAYAK Reports Record Results and Agrees to Acquisition by Priceline.com Incorporated

 
KAYAK Software Corporation (Nasdaq:KYAK) today announced financial results for the third quarter ended September 30, 2012. The company also announced that it signed a definitive agreement to be acquired by priceline.com Incorporated (Nasdaq:PCLN) for $40 per share in cash and stock.

Priceline Group Acquisition of KAYAK

"Paul English and I started KAYAK eight years ago to create the best place to plan and book travel," said Steve Hafner, KAYAK Chief Executive Officer and Cofounder. "We're excited to join the world's premier online travel company. The Priceline Group's global reach and expertise will accelerate our growth and help us further develop as a company."

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Zynga Reports Third Quarter 2012 Financial Results

Net Cash Provided By Operations of $30 Million
Free Cash Flow of $17 Million
Implementing Cost Reduction Plan
$200 Million Share Repurchase Program Authorized

Zynga Inc. (ZNGA), the world's leading provider of social game services, today announced financial results for the third quarter ended September 30, 2012.

Angie's List Reports Third Quarter 2012 Results

  • Third quarter and year-to-date revenues increased to $42.0 and $109.6 million, up 75% over the prior year quarter.
  • Third quarter and year-to-date service provider revenue increased to $29.3 and $75.6 million, up 96% over the prior year quarter.
  • Total paid memberships of 1,656,768 at September 30, 2012, up 68% year-over-year.
  • Cost per acquisition ("CPA") in the third quarter was $76, a decrease of 3% over the prior year period, despite an increased marketing spend of 39%.

Angie's List (ANGI) announced today third quarter 2012 financial results for the quarter ended September 30, 2012.

"We are having a very good year. Third quarter was our 43rd consecutive quarter of record revenue. Household acquisition costs and renewals were excellent," said Angie's List CEO Bill Oesterle. "Advertising sales were even better.

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Facebook Reports Third Quarter 2012 Results

Facebook, Inc. (FB) today reported financial results for the third quarter, which ended September 30, 2012.

"As proud as I am that a billion people use Facebook each month, I'm also really happy that over 600 million people now share and connect on Facebook every month using mobile devices," said Mark Zuckerberg, Facebook founder and CEO. "People who use our mobile products are more engaged, and we believe we can increase engagement even further as we continue to introduce new products and improve our platform. At the same time, we are deeply integrating monetization into our product teams in order to build a stronger, more valuable company."

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Velti Closes Largest-Ever Mobile Marketing Deal With Major U.S. Brand, in $27 Million, 2-Year Agreement

Major U.S. Brand Partners with Velti to Establish a Long-Term Bond with Its Customers through Mobile Marketing Technology

Velti (VELT), the leading global provider of mobile marketing and advertising technology, today announced it has closed a $27 million, 2-year deal to provide its mobile marketing technology to a major U.S. brand. Expected to commence in the next few weeks, this program will drive increased engagement with and long-term loyalty of the brand’s existing customers.

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