Korean Search Firm Naver Acquires Microblogging Site Me2Day
Monday, Dec 22, 2008
No, Twitter may not get acquired anytime soon, but its clones certainly are: now Korean search and online gaming giant Naver has acquired Me2Day, a microblogging service, Web 2.0 Asia reports. The deal is valued at about $2 million (2.2 billion KRW). Me2Day beta-launched in 2007, per CNET Asia, and hadn’t raised funding outside of some angel investments. Naver, a division of NHN Corp., will integrate the microblogging features within its various portals and sites.
Source: mocoNews
Other Communication News
- Shenandoah Telecommunications Company Announces New Agreement With Sprint Nextel and Plans for 4G LTE Buildout
- UFC Star and Actor Rampage Jackson Signs Three-App Deal With MEDL Mobile
- Prysmian Group to present a full range of cable systems for the power industry at MEE 2012
- U.S. Cellular Announces Launch of 4G LTE Network Next Month Along With Upcoming Devices
Bookmark with: