Confirmed, Google drops $100 million on Feedburner
Previous rumors that Google would add the RSS service Feedburner to its collection have panned out to be confirmed and true. TechCrunch has the details on the $100 million dollar deal which consists of an all cash – most up front – deal for Feedburner. Time to go out and celebrate eh Feedburner?
Rumors about Google acquiring RSS management company Feedburner from last week, started by ex-TechCrunch UK editor Sam Sethi, are accurate and are now confirmed according to a source close to the deal. Feedburner is in the closing stages of being acquired by Google for around $100 million. The deal is all cash and mostly upfront, according to our source, although the founders will be locked in for a couple of years.
Congrats to the Feedburner team! Now that Google is at the reigns, will you continue using Feedburner?
