Friday, 17. August 2007 - 8:52 am
OPW EXCLUSIVE – Aug 17 – Avid Life Media Inc., a social networking parent company that provides consumers access to diverse interactive niche lifestyle offerings, has acquired Toronto-based AshleyMadison.com (founded 2002, profitable since 2002, 1.4 million in North America and the UK). AshleyMadison's founder, Darren Morgenstern, will remain with AshleyMadison as the company
Spokesperson. "AshleyMadison is just one of the acquisitions we hope to execute on in the coming months," said Noel Biderman, President of Avid Life Media Inc.