The acquisition helps Glam not so much on the numbers, but in its attempt to broaden out to men. A year ago it launched Brash, and more recently, BrashSports.
Glam raised $50 million last February, and hired a big-gun CFO in former Microsoft executive Bruce Jaffe last May. Glam’s M&A machine is just getting rolling. Expect it to pick up more properties to expand its reach both in the U.S. and abroad as it tries to unseat AOL.
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Authors: Erick Schonfeld