Viadeo Acquires Social Networking Company UNYK
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Viadeo acquires UNYK's membership of 16 million users, a smart address book
feature and contact synchronization technology
PARIS, Oct. 13 /PRNewswire/ -- Viadeo, one of the world's largest business
social networks, today announced that it has acquired Canadian-based UNYK, one
of the leading social networking companies. The acquisition includes UNYK's
membership of 16 million users, which is growing at a rate of 600,000 new
members each month, a smart address book product and industry leading contact
synchronization technology. UNYK members will become Viadeo members, bringing
the Viadeo network to over 25 million users and increasing the growth rate of
the Viadeo network to over one million users per month.
Dan Serfaty, CEO of Viadeo commented, "This acquisition is highly
complementary and more than doubles our subscriber base, while strengthening
our global and local market presence. Our strategy continues to be to develop
networks throughout Europe and emerging countries and with this acquisition I
believe we have significantly strengthened our market position and offering,
particularly throughout Mexico, Brazil and India. Additionally, we now have a
North American presence, with 4 million members in Canada, the U.S. and
Mexico. We're building a global platform, but remain committed to developing
local offerings specific to each market we service, one of our key competitive
differentiators. We are currently profitable and anticipate this acquisition
to be accretive within the first year of operations. On behalf of the
management team and Board, I would like to welcome the UNYK team to our
family."
UNYK is the first smart and private address book that updates itself and is
used primarily by business professionals looking to keep multiple address
books current with the latest and simplest technology. The Company possesses
strong and innovative technology services with its core differentiator, a
synchronization tool that enables members to seamlessly merge their address
books from Outlook, webmail, cell phones and more. With UNYK, users are able
to access a consolidated and up-to-date address book, anytime from anywhere.
Launched in September 2005, UNYK has a global network spanning 180 countries,
managing 870 million contacts globally.
"UNYK's unparalleled synchronization strategy and global membership meshes
well with Viadeo's member needs," stated Sebastien Brault, President and
Founder of UNYK. "The combination of our smart address book and
synchronization technology and Viadeo's business social network is a
combination unmatched by competitors today...and we intend to capitalize on
this."
Terms of the transaction were not disclosed.
About Viadeo
Founded in June 2004, Viadeo quickly established itself as an essential tool
for professional networking in Europe and beyond. Since then, Viadeo is used
by those who want to increase their business opportunities (to discover new
clients, staff and business partners), enhance their visibility and their
online reputation, and manage and develop their network of professional
contacts.
Viadeo's members consist of business owners, entrepreneurs and managers from a
diverse range of businesses both start-up and well established. Based in
Paris (head office), Viadeo also has offices and teams in the UK (London),
Spain (Madrid and Barcelona), Italy (Milan), China (Beijing), India (New
Delhi), Mexico (Mexico City) and Montreal (Canada). The Company employs 200
staff worldwide. For more information, please visit us on the Web at
www.viadeo.com.
About UNYK
Launched in September 2005, UNYK is available in six different languages. With
over ten years of experience on the Web, the UNYK team has acquired
substantial expertise in the virtual community and social network sector.
Based in Montreal (Canada), UNYK is a privately held and funded company. More
information on the Company is available at: www.unyk.com.
MEDIA CONTACTS:
Ephraim Cohen Glenn Wiener
Fortex/Ballou PR Fortex/Ballou PR
Tel: 917-215-5413 Tel: 212-786-6011
Email: cohen@fortexgroup.com Email: wiener@fortexgroup.com
SOURCE Viadeo
Ephraim Cohen, +1-917-215-5413, cohen@fortexgroup.com, or Glenn Wiener,
+1-212-786-6011, wiener@fortexgroup.com, both of Fortex/Ballou PR
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