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More UK Property Listings Consolidation: Zoopla Gobbles Up Globrix From A&N Media

Dec 21, 2012

NimbleTV Launches Beta In New York To Bring Live TV Content To Any Device More UK property listings consolidation. Zoopla , which sits at number 2 in the UK (behind market leader Rightmove ), has acquired Globrix from A&N Media (DMGT) for an undisclosed sum, and has effectively absorbed its brand with it — users are already being re-directed to Zoopla.co.uk. It follows a recent spout of M&A activity by Zoopla Property Group, as the company continues to put the heat on Rightmove. In May this year, the company purchased listings and property data supplier UpMyStreet, also for an undisclosed sum, though  GigaOm  pegged it at less than £1 million ($1.6m). Meanwhile, its merger with the Digital Property Group (operator of PrimeLocation.com and Findaproperty.com), also owned by A&N Media, finally closed in June, following approval by the UK’s regulatory body, the Office Of Fair Trading (OFT). However, all of this M&A activity comes at a time when the housing market in the UK remains under a lot of pressure, post-financial crisis, with Britain particularly exposed on the property front. So in that sense, this is about consolidation as much as competition, in what looks — for now, at least — like a bigger slice of a slightly stale cake. To that end, before today’s acquisition, Zoopla already had a partnership with Globrix. Launched in 2008, Globrix.com was originally positioned as a free-to-list property search engine directing traffic to estate agent websites, but thanks to a tie-in with Zoopla, it had since adjusted its model to direct traffic and leads via the Zoopla Property Group portals. 0

A&N Media Partners & Customers

2 Partners and customers

A&N Media has 2 strategic partners and customers. A&N Media recently partnered with Coupa Software on May 5, 2012.

Date

Type

Business Partner

Country

News Snippet

Sources

5/24/2012

Vendor

United States

Coupa - Press Releases - PAGE 2 In Cloud Spend Optimization Market. You are here: Home > About > News > Press Releases. Series E Funding, Major Customer Wins Fortify Leadership Position.

Crosslink Capital will join Coupa Software s board of directors as a board observer alongside current board members Rob Bernshteyn , Coupa Software CEO ; Brian O Malley , general partner at Battery Ventures ; Jonathan Ebinger , investment partner with BlueRun Ventures ; Charles Beeler , general partner with El Dorado Ventures ; and Bryan Stolle , general partner with Mohr Davidow Ventures .

1

5/24/2012

Vendor

United States

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Date

5/24/2012

5/24/2012

Type

Vendor

Vendor

Business Partner

Country

United States

United States

News Snippet

Coupa - Press Releases - PAGE 2 In Cloud Spend Optimization Market. You are here: Home > About > News > Press Releases. Series E Funding, Major Customer Wins Fortify Leadership Position.

Crosslink Capital will join Coupa Software s board of directors as a board observer alongside current board members Rob Bernshteyn , Coupa Software CEO ; Brian O Malley , general partner at Battery Ventures ; Jonathan Ebinger , investment partner with BlueRun Ventures ; Charles Beeler , general partner with El Dorado Ventures ; and Bryan Stolle , general partner with Mohr Davidow Ventures .

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