Odeo, one of the largest and most prominent podcast aggregation web sites, announced that its assets have been acquired by SonicMountain, Inc., a New York based company focused in the digital media hosting and search marketplace.
“A critical aspect of the transaction was the commitment by SonicMountain to retain the integrity and spirit of the Odeo community,” says Evan Williams, CEO of Obvious Corporation. “During the selection and due-diligence process it was important that the buyer be committed to Odeo’s growth and improvement.”
SonicMountain intends to incorporate exciting enhancements to the Odeo community within the next few months. Improvements in content organization, search, discovery, plus podcast hosting of both audio and video are only a sampling of upcoming upgrades planned for the site. Evan Williams will be acting in an advisory capacity during the post transition.
Originally posted on May 10, 2007 @ 11:28 am