PR NEWSWIRE - July 18 - Adding to FriendFinder Networks' vast portfolio of social networks, PerfectMatch.com is a welcome addition to the platform of FFN's general audience sites. Unique to PerfectMatch.com is the Duet Total Compatibility System, which analyzes the "whole person" to find friends, taking into account each member's personality, values and ideals, life and love-style preferences to identify and find the person right for them. PerfectMatch.com founder Duane Dahl will join FriendFinder Networks as GM of the Company's general audience dating websites group, including Amigos.com, AsiaFriendFinder.com, BigChurch.com and SeniorFriendFinder.com.
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what was the value of the purchase?
Posted by: Eric | Jul 19, 2011 at 06:03 PM
Probably will come out when the Q3 report is filed later this yr. My hunch is not much at all - recall Dahl bankrupted the company (PerfectMatch's parent company MarketRange) left the VC's and all investors hanging, then picked up the IP for pennies and re-opened for biz. Then like magic sells the company 8 months later. He got himself a job out of the deal and maybe picked up a few bucks - PM has been hemorrhaging money not sure why FF would "purchase" unless it was a sweat-heart deal.
Posted by: James | Jul 27, 2011 at 12:18 PM