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.
- Founded 2006
- 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, CA
- Categories Photography, Video
- 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](http://www.crunchbase.com/company/friendster), MySpace quickly grew to become the world's largest social network, before being overtaken by [Facebook](http://www.crunchbase.com/company/facebook). User pages are highly customizable and support integration with widgets such as [Slide](http://www.crunchbase.com/company/slide) …
- Location Beverly Hills, CA
- Categories Social Media, Web Hosting, Social Network, Analytics, Music
- Founders 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 to …
- Location Denver, CO
- Categories Photography, Image Recognition, Mobile
- Website http://photobucket.com
- Full profile for Photobucket