Web 2.0 Innovations  

Web 2.0 News

Odeo Acquired By SonicMountain
Details are just coming out, but New York based SonicMountain, a new startup, has acquired Evan Williams' Odeo. The announcement will come sometime tomorrow. The price is not being disclosed but is in excess of $1 million, and the deal was all cash. Odeo was publicly put on sale last February. The company was bought back from investors late last year.


Source: http://www.techcrunch.com/2007/05/09/breaking-odeo-acquired-by-sonicmountain/

© 2006-2008 Web 2.0 Innovations - a division of EPR Network. All Rights Reserved. All trade marks, names and services are owned by their respective owners.
Web 2.0 Innovations Plain List | The Queue | 800 West El Camino Real, Mountain View, California 94040
Suggestions at info [at] web2innovations.com
Web 2.0 Press Release Distribution