The Photobucket and Flektor acquisitions were confirmed by Fox Interactive today in a press release. No details on prices, so we are assuming earlier reports were correct: $300 million for Photobucket (including a $50 million earnout) and $15-20 million for Flektor.
We had earlier reported that MySpace made both of these acquisitions; in fact parent company Fox Interactive was the buyer.
- Overview Flektor is a rich-media mash-up platform that enables consumers to create, remix and share photos and videos on the internet without the need for advanced video-editing skills or software. Fox Interactive Media, a division of News Corporation, announced that it had completed the purchase of Flektor on May 30, 2007. The estimated puchase price is $15-20 million.
- Location Culver City, California
- Categories Photography, Video, Games
- Website http://www.flektor.com
- Full profile for Flektor
- Founded 2003
- Overview MySpace is one of the world's largest social networks, with about 125 million users. Originally inspired by Friendster, MySpace quickly grew to become the world's largest social network, before being overtaken by Facebook. User pages are highly customizable and support integration with widgets such as Slide or YouTube. MySpace provides users with a way to connect around content and culture. …
- Location Beverly Hills, California
- Categories Web Hosting, Social Network Media, Social Media
- Founders Michael Addicott, Tom Anderson, Josh Berman
- Website http://myspace.com
- Full profile for MySpace
- Founded 2003
- Overview Photobucket is the world's leading dedicated photo and video sharing service. With over 100 million registered members, Photobucket users upload over four million images and videos per day from the Web, Smartphones, and connected digital cameras. Photobucket hosts, preserves and protects photos and videos while bringing members the very best browsing, sharing and editing experiences. In addition …
- Location Denver, Colorado
- Categories Curated Web, Software, Photography, Image Recognition, Mobile, Wireless
- Website http://photobucket.com
- Full profile for Photobucket