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Brand-new Hope-based dating website MeetMe will get installed with German company for $500M

People who own the EHarmony on the web service that is dating consented to buy brand- New Hope-based fulfill Group, their smart device dating apps, and videos and marketing and advertising pc software, for $500 million, or $6.30 a display.

Satisfy party, which possesses the MeetMe, Lovoo, Skout, Tagged and Growlr software, amongst others, will end up a U.S.-based supply of Munich, Germany-based NuCom’s Parship people, a “matchmaking platform” that owns the EHarmony, Parship and professional lover internet online dating programs, to create “a worldwide chief inside the online dating sites and social enjoyment industry,” the businesses mentioned within a declaration.

NuCom try a venture that is joint by German activities company ProSiebenSat.1 Mass media SE — which possess television programs and reality-video concerts in central European countries — and brand-new York-based private-equity individual standard Atlantic.

“This bargain is about gains,” stated fulfill team leader and cofounder Geoff prepare. As opposed to reducing work, “we were continuing to engage.”

The organization hires 337 globally, like about 200 at their brand-new desire and Philadelphia practices. Prepare will always be on to operate the combined people in control with Parship. Continue reading