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ApnaCircle-Viadeo acquires Social Networking Company Unyk

Section: Digital Briefs Category: Media

Media News
New Delhi, October 14, 2009

The recently merged combined entity, ApnaCircle-Viadeo, has announced the acquisition of Unyk, a Canadian social networking site. This acquisition includes Unyk’s membership of 16 million users, which is growing at a rate of 600,000 new members each month. Unyk members will now become ApnaCircle- Viadeo members, bringing the global network to over 25 million users and increasing the growth rate of over one million users per month. This acquisition will also help the Indian members of ApnaCircle to double their reach and also will help in increasing the growth rate of ApnaCircle’s network to 150 thousand users per month.

"This acquisition will help us to grow Indian market organically. This will also get us critical mass, while providing greater usability and value to our members through Unyk’s smart address book and synchronization technology. We have been growing at a substantial pace and I am sure this acquisition will help us to grow further," commented Yogesh Bansal, Founder & CEO ApnaCircle and Board of Director, Viadeo.

"This acquisition is highly complementary and more than doubles Viadeo’s network, while strengthening our global and local market presence. Our strategy continues to be to develop networks throughout Europe and emerging countries and with this acquisition I believe we have significantly strengthened our market position and offering, particularly throughout Mexico, Brazil and India, and now have a North American presence, with 4 million members throughout Canada, the U.S. and Mexico. We’re building a global platform, but remain committed to developing local offerings specific to each market we service, one of our key competitive differentiators. On behalf of the management team and Board, I would like to welcome the Unyk team to our family," commented Dan Serfaty, CEO of Viadeo.

Unyk is the first smart and private address book that updates itself and is used primarily by business professionals looking to keep multiple address books current with the latest and simplest technology. The Company possesses strong and innovative technology services with its core differentiator, a synchronization tool that enables members to seamlessly merge their address books from Outlook, webmail, cell phones and more. With Unyk, users are able to access a consolidated and up-to-date address book, anytime from anywhere. Launched in September 2005, Unyk has a global network spanning 180 countries, managing 870 million contacts globally.

For further details please contact:

Precision PR
Manleen Kaur
Mobile: 9810920020
Email: manleenkaur@gmail.com

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