October 31, 2011 : Comments (4)
Google+ Updates Android App, Adds New Design And Other Features
Acquisitions
Google Acquires Social Media Analytics Company PostRank
Social media analytics company PostRank has announced that it has been acquired by Google. The financial details of the deal were not disclosed. The team behind PostRank, which was launched in 2007, will now be working from Google's offices in Mountain View, Calif. The company's CTO Ilya Grigorik and CEO Carol Leaman say that they joined Google because they... Read more » Twitter Acquires Web Advertising Company AdGrok
Web advertising company AdGrok has announced that it has been acquired by Twitter. The financial details of the deal have not been disclosed. “When Twitter approached us and asked if we’d be interested in working on their monetization platform, we realized that this was a once-in-a-lifetime opportunity that we just couldn’t pass up,” the AdGrok team... Read more » It’s Official: Twitter Acquires TweetDeck
Finally, it has been confirmed: Twitter has completed its acquisition of popular third-party client Tweetdeck. It was reported this week that Twitter had bought TweetDeck for $40 million in cash and stock. While Dick Costolo confirmed the news on Wednesday, the Twitter CEO did not disclose the price of the acquisition. “This acquisition is an important step... Read more » Social Network For Drivers Bump Acquires Location-Based App BumpChat
Bump.com, the social network for car owners, has acquired BumpChat, a location-based communication app. For those who aren't familiar, Bump is a social network where your username is your license plate number. When using the network, users can tell other drivers if their tail light is out, if their meter is about to expire, or what I'd probably use it for,... Read more »
REPORT: Twitter Acquires TweetDeck For $40 Million
Twitter has acquired TweetDeck for over $40 million in a mix of cash and stock, according to CNN. Papers finalizing the deal were reportedly signed on Monday but the acquisition has yet to be formally announced. An acquisition of TweetDeck has been rumored for months, although it was not clear until now which company would snap up TweetDeck -- Twitter or... Read more »
Zynga Acquires Social Game Developer DNA Games
Zynga has announced that it has acquired social game developer DNA Games, its 14th acquisition in 12 months. The financial terms of the acquisition were not disclosed. DNA Games was founded by Jon Lee and Shaun Haase in 2009 and has developed several social games including “Casino City” and “Bar World,” both of which are available on Facebook. DNA Games... Read more »
Microsoft Acquires Skype For $8.5 Billion
Last week we reported on the possibility of Facebook and Google purchasing online video chat and telephone service, Skype. The acquisition was rumored to be around $3-$4 Billion had the deal taken place, but it looks like Microsoft got to it first! According to the Wall Street Journal, on Monday Microsoft was near securing a deal with Skype for $7-$8 Billion.... Read more » Founders Of YouTube Acquire Tap11 For New Internet Company
Chad Hurley and Steve Chen, founders of YouTube, are making fast efforts to get their new Internet company up and running. Recently the duo acquired the social bookmarking service Delicious from Yahoo, and Wednesday they added Tap11 to their latest list of Internet properties. Tap11 is a real-time business intelligence platform that works with marketers to... Read more »
Warner Bros. Aquires Social Movie Discovery Service Flixster
Warner Bros. Home Entertainment Group announced Wednesday that they've acquired movie discovery site Flixster. The acquisition includes Rotten Tomatoes the popular movie review and news site which receives 12 million unique visitors per month. For those of you who are not familiar, Flixster is a premiere social networking site for movie fans. Users have an online... Read more »
