Disney Online Acquires Assets from Kaboose Inc.
April 02, 2009
AWN Headline NewsDisney 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.