IBRC news iBrands Corporation Signs MOU to Acquire
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Posted On: 03/26/2014 8:51:49 AM
IBRC news iBrands Corporation Signs MOU to Acquire Hatchbrands Ventures
Atlanta, GA / February 26, 2014 / ACCESSWIRE / iBrands Corporation (OTCPink: IBRC ), http://www.ibrandscorporation.com/ , a holding company targeting the merger and acquisition of niche Internet-based brands positioned for rapid growth through proven products, today announces the signing of a Memorandum of Understanding to acquire Hatchbrands Ventures.
Hatchbrands Ventures, http://www.hatchbrands.com/ , is a fund that specializes in making startup technology pre-IPO investments in high quality startup companies developed in accelerators and incubators found in university/college environments. Hatchbrands unique opportunity is to provide investors the ability to participate along with leading venture capital firms and corporate venture arms in startups investments. Hatchbrands focuses on several themes including: (i) SaaS / Cloud Infrastructure; (ii) Online Finance; (iii) Data Pipeline and Data Science; (iv) New Advertising Battlegrounds; and (v) Reinvention of (Online/Offline) Retail.
Hatchbrands is located in Ottawa Canada adjacent to Kanata which is Canada’s Silicon Valley. The acquisition of Hatchbrands will establish the company’s business model similar to that of GSV Capital, one of the world’s preeminent voices on growth investing.
Atlanta, GA / February 26, 2014 / ACCESSWIRE / iBrands Corporation (OTCPink: IBRC ), http://www.ibrandscorporation.com/ , a holding company targeting the merger and acquisition of niche Internet-based brands positioned for rapid growth through proven products, today announces the signing of a Memorandum of Understanding to acquire Hatchbrands Ventures.
Hatchbrands Ventures, http://www.hatchbrands.com/ , is a fund that specializes in making startup technology pre-IPO investments in high quality startup companies developed in accelerators and incubators found in university/college environments. Hatchbrands unique opportunity is to provide investors the ability to participate along with leading venture capital firms and corporate venture arms in startups investments. Hatchbrands focuses on several themes including: (i) SaaS / Cloud Infrastructure; (ii) Online Finance; (iii) Data Pipeline and Data Science; (iv) New Advertising Battlegrounds; and (v) Reinvention of (Online/Offline) Retail.
Hatchbrands is located in Ottawa Canada adjacent to Kanata which is Canada’s Silicon Valley. The acquisition of Hatchbrands will establish the company’s business model similar to that of GSV Capital, one of the world’s preeminent voices on growth investing.
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