Transaction Overview: Telenav Acquires ThinkNear

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ThinkNear provides Telenav with a product that can drive near-term advertising revenue and is well suited to be integrated with Telenav’s turn-by-turn direction capability. The ThinkNear team and their mobile advertising knowhow are also an important addition to Telenav’s engineering and product organizations…

Transaction Overview: CityGrid Acquires Felix

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Yext launched Felix in 2009 as a pay-per-call local advertising service. What makes Felix unique is its patent-pending engine that uses speech recognition technology to listen to all the calls received by a local business. It then transcribes and analyzes the calls, separating those received from consumers from those received from wrong numbers, telemarketers and job seekers…

Overview: Cerberus Acquires AT&T Ad Solutions, AT&T Interactive

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Cerberus’ challenge will be to continue to purposefully and aggressively reorient an organization which has the dying print directory business in its DNA. The assets at their disposal are quite impressive but can the leadership let the past go and embrace the very fast-moving innovation now occurring in online and mobile?