HootSuite acquires Seesmic
The companies don’t disclose valuation. Seesmic’s latest incarnation, as a social media cross-posting tool, is in line with HootSuite’s business. VentureBeat reports that Seesmic has 30,000-40,000 uniques a month and may be treated as a new product by HootSuite. HootSuite CEO Holmes:
I have always had a lot of respect for Seesmic’s CEO, Loïc Le Meur, and the role Seesmic has played in advancing social business. We are thrilled to welcome Seesmic’s users into the HootSuite family.
Dogster acquisition
Say Media buys the company. Financial terms aren’t disclosed. Say Media:
This acquisition marks an important milestone in the evolution of our company
AOL acquires TechCrunch
The company annouces the acquisition along with the purchases of instructional video site 5min and Thing Labs Inc. People familiar with the deal say it paid around $30 million for TechCrunch. Arrington is retained on a multi-year deal. AOL chief executive Armstrong:
The one thing that doesn’t change is people’s consumption of content.