• Copy, Paste, Get Acquired: Mister Wong Buys FreundeNews

    Robin Wauters

    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Wednesday, February 4th, 2009

    Construktiv, the company behind social bookmarking service Mister Wong and Lifestream.fm, has acquired FreundeNews, a German service blatantly modeled and designed after the example of FriendFeed (the startup was actually called FreundeFeed when it first launched in April 2008 but changed its name sometime after, most probably in fear of sparking a trademark dispute).

    Let’s hope this isn’t an encouragement to copy/paste innovation, althought Construktiv is most likely simply doing this to clear the path for their lifestreaming service Lifestream.fm to become the only relevant one in Germany. Although the deal terms remain undisclosed, we believe that it was rather small in size; we’re told FreundeNews usage was relatively low in the country and the founders were keen on pursuing other ventures.

    The users that did engage with the web service have 4 weeks to transition to Lifestream.fm, starting today.

    (Hat tip to Netzwertig)

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