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.
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.
posted by Olivier Attia at
7:18 AM
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