| From CNET News.com: AOL's People Networks division, formed when the company acquired Bebo, has picked up a new friend: Socialthing, a Boulder, Colo.-based start-up that aggregates social feeds from sites like Digg, Twitter, and Flickr.
The acquisition has not yet been completed, but is close to it. No financial details have yet been released regarding the acquisition of Socialthing, which falls into the same niche as FriendFeed and is still in private beta. The company is a new one; it emerged out of Boulder's TechStars incubator and had its official launch party at the South by Southwest Interactive Festival in March--where the company instantly gained word-of-mouth buzz when the soiree was still raging past 3 a.m. The buy was first reported early this month by TechCrunch's Erick Schonfeld, who speculated that it was "likely a small purchase." View: Article @ Source Site |
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Confirmed: AOL will acquire Socialthing
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