Thursday, May 24, 2007

Feedburner is in Google oven now.

This Techcrunch article explains, what was a rumor for sometime now as to be a fact. 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.

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.


Google official blog explains the deal and a audio file, the discussion with feedburner CEO.

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