• Diigo Buys Web Page Clipping Service Furl Away From LookSmart

    Social bookmarking and annotation service provider Diigo has acquired web page clipping and archiving service Furl from publicly listed search advertising network company LookSmart in exchange for equity. The deal is being pitched as a partnership but looks more like a smart decision from LookSmart to offload a property that had little to do with its core business and Diigo jumping on a… Read More

  • Edgeio Assets Acquired By LookSmart

    The auction of Edgeio’s assets is complete, and Looksmart is the winning bidder. They’ve acquired most of the assets of the company for $280,000. I spoke to Patrick Chapman, LookSmart’s director of corporate development, briefly after the auction closed this morning. He says its too early to say what they’ll do with the assets, but they’ll likely issue a press… Read More