Pageflakes Acquired By LiveUniverse: Further Push Into Social Networking

AJAX start page provider Pageflakes officially announced today that it has been acquired by LiveUniverse. The deal is a combination of cash and stock, but the size of the acquisition was not disclosed. LiveUniverse, which was founded by MySpace founder Brad Greenspan, owns a number of social networking and video destinations, most notably LiveVideo. Rumors of this deal surfaced earlier this week, and it was officially announced today.

LiveUniverse is on an acquisition streak of late, having acquired video sharing site Revver for just under $5 million in February. While it may seem that Pageflakes is a little outside of their core…

Fri Apr 18, 2008 | by ReadWriteWeb

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