BabyCenter Purchases Maya’s Mom
BabyCenter bills itself as “the leading destination on the Internet for new and expectant parents.” The motto of Maya’s Mom is “where parents share.” And if you think these sites sound like a good match, then you’re in agreement with BabyCenter’s management team – they just acquired Maya’s Mom.
The purchase price remains unknown, and it’s hard, really, to even speculate; Johnson & Johnson owns BabyCenter, and so there is presumably lots of money behind it (Johnson & Johnson’s market cap of $177 billion is even larger than Google’s).
Maya’s Mom has also been fortunate – paidContent.org’s Rafat Ali reported, “Last year MM raised angel funding from some high profile names, including Flickr co-founder Caterina Fake, Yahoo exec Jeff Ralston, Tickle founder James Currier, Presto’s Raymond Stern, Wink’s Michael Tanne, angel investor Jeff Clavier and True Ventures.”
But even if certain financial details remain unknown, the overall direction of both networking sites has been made clear. Following an interview with Tina Sharkey, the global president of BabyCenter, Ali was able to state, “MM will stay as a standalone, but the backend social software will be used across BabyCenter’s network of sites in 10 countries . . .”
This development comes just a week after CafeMom, a similarly focused site, received $5 million in a round of financing.