Media.net Acquired in $900 Million Deal
It was quite impressive to learn that Divyank and Bhavin Turakhia had sold Directi to Endurance International in a low 9 figure deal. After the deal, the brothers retained their Media.net property, and that business has continued to grow and thrive (who said you need to have a .com to create a massive company?!).
This morning, another Turakhia deal was covered in Forbes, and it dwarfs the Directi deal from 2013. Here’s the jist of the deal written about in Forbes:
“AdTech pioneer Media.net, has been acquried by a Chinese consortium from serial internet entrepreneur Divyank Turakhia’s Starbuster TMT Investments in an all-cash transaction of $900 million.”
If you add those two deals together, that is $1 BILLION in deals. Wow!
I wonder what’s next for Div. It looks like he has the golden touch.
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