AOL Buys Sphere’s Blog Content Engine
Tomorrow AOL will announce the acquisition of San Francisco-based Sphere, a blog content engine that launched in 2006. The price is not being disclosed, but sources are suggesting it’s in the $25 million range, or possibly a little more. More details from Om Malik
When Sphere first launched as a blog search engine they were already late to the blog search game. Technorati and others had been around for some time already, and even Google Blog Search was nearly eight months old. Sphere had some nice features, but it was in a tough and competitive space.
Full article: techcrunch.com
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