Perform buys Goal.com 24/02/2011
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Digital sports media specialist Perform has bought football website Goal.com from a consortium of investors including Bessemer Venture Partners.
Perform says it plans to “take the site to the next level of development” by fully integrating its live sports data (GSM), video news (OMNISPORT), video highlights (ePlayer) and live streaming (LIVESPORT.TV) from its catalogue of more than 40 different football leagues and competitions.
Joint chief executive of Perform Simon Denyer said: “Goal.com is the iconic global football portal and a clear market leader. This acquisition gives Perform a major brand and major worldwide coverage.
“We now reach over 95 million sports fans every month – a large and ever-increasing number of potential customers. This means Perform, our advertisers and rights holder partners are now able to market to and transact with a very significant fan base.”
Goal’s chief executive Ron Elwell added: “Over the last five years, Goal.com has grown from nothing to the largest football site in the world, reaching tens of millions of passionate fans thanks to the vision of our founder, Gian Luigi Longinotti-Buitoni.
“The acquisition by Perform provides a great platform for the continued growth of the site with the addition of world-class video content and I’m sure it will continue to be a fantastic business.”
As part of the deal, which was completed on February 22, Perform will retain three key members of staff from the previous management team.
Michael Simpson, one of Goal.com’s original founders, assumes the role of senior vice-president for product and content, Jonathan Gamble becomes senior vice-president for commercial and sales, and Scott Rothcock will continue as chief technology officer. All three will report to Denyer.
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