LiveUniverse has acquired Pageflakes for a combination of cash and stock, but further terms are not being disclosed by the two privately-held companies.
The acquisition combines one of the fastest-growing global media companies with Pageflakes’ industry-leading personalization, widget and content aggregation technologies. The deal is highly complementary for both companies in terms of talent, technology and operations. Further, LiveUniverse will now have operations in the technology capital of the
world, Silicon Valley, in addition to its headquarters in Hollywood and its offices in Europe and Asia. LiveUniverse comprises over 35 global entertainment sites and is visited by over 50 million users each month.
Originally posted on April 18, 2008 @ 7:32 am