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HootSuite Acquires Location-based Marketing Tool Geotoko

By Mariel Loveland October 12, 2011 - 9:46am EST Comments (1)

HootSuite has acquired the location-based marketing tool Geotoko, which will help businesses gain insight on and market to their audience and customers. Geotoko’s geo-analytic software reports on location-based social media interactions including key influencers, customer sentiment and demographic patterns. This helps businesses determine audience behavior and... Read more »

LinkedIn Acquires Real-time Search Provider IndexTank

By Kris Holt October 11, 2011 - 9:20pm EST Comments Off

LinkedIn has acquired IndexTank, a company that provides search technology for other websites and Web services, it has been confirmed. Financial terms of the deal have not been disclosed. IndexTank provides a range of custom search options for companies to integrate into their website without having to host the search software themselves. Features of the service... Read more »

Facebook Acquires Friend.ly, Q&A Service To Remain Open

By Kris Holt October 10, 2011 - 3:48pm EST Comments Off

Facebook has acquired social Q&A service Friend.ly, the companies have announced. As a result of the acquisition, the Friend.ly team will be working on new projects at Facebook, but Friend.ly will remain open as a separate service. Financial terms of the deal have not been disclosed. Friend.ly offers you the ability to connect with others by asking and... Read more »

LinkedIn Acquires Contact Management Service Connected

By Kris Holt October 5, 2011 - 6:28pm EST Comments Off

LinkedIn has acquired contact management service Connected, it has been confirmed. As a result of the acquisition, Connected has made its service free to all users. Financial terms of the deal have not been disclosed. Connected launched in February with the aim of helping professionals build, maintain and leverage their professional networks. Users are managing... Read more »

Rhapsody To Acquire Streaming Music Service Napster From Best Buy

By Mariel Loveland October 3, 2011 - 2:07pm EST Comments Off

On-demand music service Rhapsody has announced that it will acquire Napster from the electronics retailer Best Buy. Rhapsody will acquire all Napster subscribers along with other assets and Best Buy will receive a small stake in Rhapsody. The acquisition is a big move for Rhapsody as it will combine the user base of 2 of the largest on-demand music services. With... Read more »

Renren Acquires Video Sharing Service 56.com For $80M

By Mariel Loveland September 27, 2011 - 11:54am EST Comments Off

Chinese social networking site Renren has entered an agreement to acquire 56.com, a video-sharing service in China, for $80 million in cash. The acquisition is expected to be complete by the fourth quarter of 2011. Similar to YouTube, 56.com allows users to upload, view and share videos. The service, which was founded in 2005, features performing artists, amateur... Read more »

HootSuite Acquires Twitter Trending Topic Dictionary, What The Trend

By Mariel Loveland September 27, 2011 - 11:16am EST Comments (1)

HootSuite has acquired the Web service “What the Trend” which identifies trending topics on Twitter and explains why they’re trending with crowd-sourced definitions. The company plans to use this tool in their social media management dashboard. What the Trend is a real-time service that can be accessed from the Web or mobile devices. Editors curate... Read more »

Twitter Acquires Social Search Technology Firm Julpan

By Kris Holt September 21, 2011 - 2:45pm EST Comments Off

Twitter has acquired Julpan, a company that analyzes how people share information and content on the social Web and surfaces relevant and interesting content for its users. Financial terms of the acquisition have not been disclosed. As a result of the acquisition, Ori Allon, founder and CEO of Julpan, has become Twitter's director of engineering. Julpan helped... Read more »