Group-hug health site DailyStrength is being acquired by HSW International, which operates HowStuffWorks in China and Brazil (but is a separate company). Terms were not disclosed, but this has all the signs of a mercy acquisition.
DailyStrength has zero presence in China or Brazil. HSW International plans on keeping the site up, but it’s main interest seems to be in integrating DailyStrength’s social media technology platform on its international informational sites.
DailyStrength was only ever able to attract about 700,000 unique visitors a month to its 500 health communities and self-help forums covering everything from weight loss to coping with cancer. The company raised between $5 and $7 million from Redpoint Ventures. We reviewed it last year.