Monday, November 26, 2007

Fotolog acquired for $90 million

Fotolog, a photo-sharing social network founded by Meetup co-founder and CEO
Scott Heiferman, has been acquired. After several days of rumors that the
company was up for sale, the French company Hi-Media Group announced on
Monday that it had acquired Fotolog for $90 million in cash and stock.

http://www.news.com/8301-10784_3-9766916-7.html

Confirmed: MySpace To Acquire Photobucket For $250 Million

MySpace will acquire Photobucket, the parasite service that allows users to
post photostreams to their MySpace profiles. TechCrunch confirms the rumors
and adds a pricetag: $250 million.

http://www.siliconvalleywatcher.com/mt/archives/2007/05/photobucket_to.php