Ebay Acquires StumbleUpon

I wrote last month that Ebay wanted StumbleUpon – well it has happened.

The $75 million cash acquisition gives eBay access to about 2.3 million people who have filled out profiles at StumbleUpon, founded in 2001 by three Canadian software engineers in Calgary. The venture capital-funded company, which recently relocated to San Francisco, is considered a pioneer of the so-called “Web 3.0″ niche.

Found via FindLaw while doing my Legal Bibliography final project.

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