■ Twitter recently announced a deal in which it will acquire
blogging platform Posterous, bringing on most of Posterous’
engineers, product managers and additional talent. Posterous
Spaces will remain up and running without disruption
until further notice, and the company ensured that users
would have ample notice before any changes are made.
■ Location-based service Loopt has been purchased by
Green Dot Corp., a provider of retailer pre-paid cards that will
use Loopt to develop mobile wallet and payment services.
Green Dot is paying $43.4 million in cash in a deal expected
to close in April.
■ Cloud-based marketing and PR software provider Vocus
has acquired iContact, an email and social marketing firm
used by more than 70,000 organizations, for $169 million.
The acquisition will allow Vocus to add email marketing
to its digital marketing suite for small and mid-sized
businesses, a suite that already includes search and social
■ Apple has acquired apps search company Chomp, developer
of a search engine that helps users find mobile apps
based on their functions rather than name only. The Chomp
search engine can be accessed on the Web or via mobile
apps for a variety of different platforms.
■ Groupon recently confirmed its acquisition of travel startup
Uptake for a purchase price of between $10 and $20 million.
The entire 20-person Uptake team will be joining Groupon’s
Palo Alto office and is expected to spearhead travel and
local search initiatives, but Groupon reports that none of
Uptake’s code will be reused.
■ Social enterprise software provider Buddy Media recently
announced its acquisition of Brighter Option, a Facebook
Ads API partner that provides social ad management
software. The move allows Buddy Media to offer social
publishing, applications, analytics, commerce and paid
advertising in a unified software suite.
■ Cloud hosting provider Rackspace has announced its acquisition
of SharePoint911, a SharePoint consulting and training
service. The purchase is intended to provide SharePoint
hosting solutions along with expert services to Rackspace’s
Read more 'Net Briefs from the May 2012 issue of Website Magazine: New and Improved iPad - Mobile App Watch - Twitter Ads on the Go - Startups to Watch - Lost in Translation - Bing's Organic Phase - It's About Time(line) - OpenStack Opens Up - A Patented Conflict - Mind Games - Girl Power - The Hacker Way