Google buys JotSpot, Wired buys Reddit

Acquisitions, Acquisitions, Everywhere!

November 1st, 2006 at 6:10am — Comments: (0) — By: Jonathan Danylko — Tags: Google

Holy Smoke!

First off, Wired Digital has purchased the four-person, personalized social networking aggregating company Reddit.

According to the article, the terms were not disclosed and it will operate under Wired Digital. The story behind Reddit is really interesting as well.

Secondly, Google has purchased JotSpot, the first wiki application company. JotSpot allows anyone to create, publish, and share collaborative and personalized wiki applications.

The terms of the acquisition are confidential and the deal is officially closed.

I would love to find out how much Wired and Google paid for each company.

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Jonathan Danylko is a freelance web architect and avid programmer who has been programming for over 20 years. He has developed various systems in numerous industries including e-commerce, biotechnology, real estate, health, insurance, and utility companies.

When asked what he likes doing in his spare time, he answers..."programming."

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