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Application Software M&A image Application Software M&A » By The Online Investor Staff, updated Thu., Oct. 24, 12:18 AM Recent mergers and acquisitions in the Application Software M&A category.

Slide #6. Remark Media Hotelmobi

Acquirer: Remark Media (NASDAQ:MARK)
Acquiree: Hotelmobi
Details: Remark Media, Inc. (NASDAQ: MARK), a global digital media company, today announced the acquisition of Hotelmobi, a company engaged in the development, ownership and operation of hotel booking applications. Hotelmobi plans to launch its widely anticipated "Roomlia" application in the third quarter of 2014.

Remark Holdings is primarily technology-focused. Co.'s KanKan data intelligence platform serves as the basis for Co.'s development and deployment of artificial-intelligence based solutions. Co. also owns and operates digital media properties such as travel and entertainment and young adult lifestyle, that deliver content and e-commerce solutions. Co.'s subsidiary, Vegas.com LLC, comprises Co.'s travel and entertainment business. Co.s KanKan business comprises its Technology and Data Intelligence business. Co.'s other digital media assets include Young Adult Lifestyle, which provides Bikini.com, an e-commerce website selling swimwear and accessories in the latest styles.

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Company Name:  Remark Holdings Inc
Website:  www.remarkmedia.com
Sector:  Application Software
Number of ETFs Holding MARK:  4
Total Market Value Held by ETFs:  $737049
Total Market Capitalization:  $33.00M
% of Market Cap. Held by ETFs:  2.23%
 

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October 24, 2019    12:18 AM Eastern
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Strong Buy (4.00 out of 4)
88th percentile
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