also @ TechSpot: Amazon wants to build a trio of biospheres in downtown Seattle

› ›

Google to acquire Feedburner for $100 million

By

On May 23, 2007, 4:36 PM

The RSS management company, Feedburner, is reportedly in the closing stages of a deal to be acquired by Google for around $100 million. Rumors of the acquisition started circulating the web about a week ago.

The deal is all cash and mostly upfront, according to our source, although the founders will be locked in for a couple of years. The information we have is that the deal is now under a binding term sheet and will close in 2-3 weeks, and there is nothing that can really derail it at this point.
Feedburner was founded in 2003 and has raised $10 million in capital over two rounds. The service is used by bloggers seeking to sell advertising on their feeds and to measure their feed and blog stats. According to Hitwise the site has grown its US traffic by 204% over the past year.

No tags on this story

Post a comment

Post a new comment

Social Login & Guest Posting TechSpot Members
Login here or sign up for free,
it takes about a minute.
Get complete access to the TechSpot community. Join thousands of technology enthusiasts that contribute and share knowledge in our forum. Get a private inbox, upload your own photo gallery and more.
TechSpot on:

Most Popular

Trending Featured
More Trending Topics

Featured on Mice

Downloads and Drivers

Downloads   Drivers  

Pokki 0.263.0.256

Google Chrome for Android 27.0.1453.90

PlanetSide 2

1by1 1.79

GeForce Experience 1.5.0.0

More Downloads

Latest Discussion

Screen saver stop working after installing Norton 8 replies on Software Apps

External hard drive not showing up on my MacBook Pro 29 replies on Storage and Networking

How do I begin to build a custom computer? 13 replies on Other Hardware

Keyboard/Mouse Problems 5 replies on Other Hardware

How did my Windows key become disabled? 9 replies on Other Hardware

More Recent Discussion

Subscribe to TechSpot

Get free exclusive content, learn about new features and breaking tech news.