Disney Online Acquires Assets from Kaboose Inc.

April 02, 2009

Disney Online, part of the Disney Interactive Media Group, has signed an agreement to acquire Internet assets from Canadian-based Kaboose Inc. including Kaboose.com, Babyzone.com, AmazingMoms.com, Funschool.com and Zeeks.com. The Kaboose assets will be integrated into Disney Online's line-up of web sites. The purchase price is approximately $18.4 million (based on approximate price of CAD 23.3 million), subject to certain adjustments.

Disney Online reaches more than 27.6 million unique visitors per month, ranking as the No. 1 Community-Family & Parenting Web destination according to comScore Media Metrix (Feb. 2009). Its line-up of kids and family Web properties include flagship site Disney.com as well as a network of parent-focused sites including Disney Family.com, FamilyFun.com and iParenting.com.
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