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Google buys JotSpot, Wired buys Reddit
Wednesday, November 01, 2006 6:10 AM
Posted by Jonathan Danylko | Tag: Google | Comments: 0 | View blog reactions
Acquisitions, Acquisitions, Everywhere!
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.
Technorati Tags: Technology, Google, Google, Wired, JotSpot, Reddit
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