Digital Media M&A


Morningstar Acquires SEC Filings Service 10-K Wizard For $12.5 Million — Morningstar, the investment research and data firm, has acquired one of the services we use multiple times a day: 10-K Wizard, one of the providers of SEC filings research and alert services, for $12.5 million subject to working capital adjustments. Besides filings itself, 10K has been developing data mining tools to make sense of filings, as well as comparison tools across different filings and time periods. Morningstar will use the service to add to its overall research services…the company also said that 10K’s technology can be applied to documents of all kinds, like mutual fund prospectuses. More details in release. 10K was founded in 1999, and based in Dallas, TX. The service is available via a monthly or yearly subscription.

Online Video Services Provider The FeedRoom Acquires ClearStory — The FeedRoom, a longtime player in the online video services sector, has acquired ClearStory Systems, a digital asset management (DAM) software provider, for an undisclosed sum. The two are focused on enterprise and white label online and digital video services. FeedRoom has been around since 1999, and has raised at least $61 million since launching.

SW International Inc. Has Acquired DailyStrength — SW International Inc. (Nasdaq: HSWI) has acquired DailyStrength, a Santa Cruz, Calif.-based social network that connects users through their medical conditions. No financial terms were disclosed. DailyStrength had raised over $4 million in VC funding from Redpoint Ventures. Source: PE Week Wire.

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