Pageflakes Acquired By Live Universe
As an avid user of Pageflakes, i was excited by the news of it being acquired by Live Universe which also owns the video site Glumbert.com, the details of the deal has not been announced yet, although it is being said that the acquisition isn’t a large one, Pageflakes received a its last round of funding in May 2006, the amount invested in Pageflakes reached a total of $4 Million.
Live Universe was established by the MySpace founder Brad Greenspa, they also acquired the video site revver in February 2008. Pageflakes will remain at their current offices in Germany and San Francisco.
From a user end perspective, I hope this acquisition reflects into even more improvements into pageflakes in the upcoming months, they have lots of competition from giants like Google and Yahoo that they need to look out for.
[tags]pageflakes, live universe[/tags]
April 16th, 2008 at 4:11 am
we saw many acquires recently, is it a competition, or something is being prepared in the dark?! I wonder.