Juno 2013 Annual Report Download - page 139
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Please find page 139 of the 2013 Juno annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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On December 5, 2013, Classmates, Inc. ("Classmates"), a subsidiary of United Online, Inc., acquired the Yearbook App for approximately
$0.8 million in cash. The Yearbook App is a Facebook application that helps users find and re-connect with past classmates. The primary reason for the
acquisition was to acquire the Yearbook App subscription customer relationships and developed technology, which had a total estimated fair value of
$0.4 million upon acquisition. The effect of
F-44