ESPN-backed company buys Nashville ventures
Published Tuesday, November 11, 2008 8:23 pm
By Milt Capps ESPN-backed Active Network Inc., has bought two Nashville ventures that provide state governments the technology and services they need to conduct hunting and fishing license-payment transactions.San Diego-based Active Network announced yesterday it recent bought Davidson County-based Automated License Systems and Outdoor Central, the latter being a subsidiary of Central Trust Bank of Missouri's conservation-licensing divison, which was also bought by San Diego-based. Active Network spokesperson Tina Wilmott told VNC yesterday that Outdoor Central's 52 employees will relocate from downtown Nashville to ALS offices on Lebanon Road, joining about 200 ALS employees at that location. Wilmott said 10-year-old Active Network has raised more than $275 million through six rounds of venture capital since 1999, when the company was but a year old. Wilmott said that since early 2007, Active has made 14 acquisitions.
Active Network, which is described in some reports as a holding company, posted revenue of $102 million in 2007. Since early 2007, Active has bought campground reservations provider InfoSpherix; two event-management software companies, RegOnline and WingateWeb; plus, swimming, track-and-field, lacrosse and other niche tech-driven communities. Active Network's flagship is Active.com, which has a reported 17 million registered users.
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