These two came from tech media firm TechTarget‘s recent IPO filings (its IPO is on tap this week): earlier this year it bought two sites:
— Towards the end of April, it bought TechnologyGuide.com (TGC) for about $15 million. TGC develops technology product review, price comparison and user-review sites in area such as laptops, PDAs, and tablet PCs. “We funded this acquisition through existing cash balances and by drawing $12.0 million from our existing revolving credit facility.”
— Also in February, it bought Ajaxian for about $1 million in cash. Ajaxian is a provider of a website and two events on info and support for the community of developers for Ajax, the scripting language. “We recorded $1.0 million of intangible assets related to customer relationships, non-compete agreements and the trade name with estimated useful lives ranging from three to five years.”
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