{"id":21344,"date":"2011-03-21T08:52:59","date_gmt":"2011-03-21T12:52:59","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=21344"},"modified":"2011-03-21T08:53:30","modified_gmt":"2011-03-21T12:53:30","slug":"confirmed-facebook-acquires-snaptu-for-an-estimated-60-%e2%80%93-70-million","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2011\/confirmed-facebook-acquires-snaptu-for-an-estimated-60-%e2%80%93-70-million.html","title":{"rendered":"Confirmed: Facebook Acquires Snaptu (For An Estimated $60 \u2013 $70 Million)"},"content":{"rendered":"<p>Tech Crunch &#8211; According to several Israeli business newspapers (<a href=\"http:\/\/www.themarker.com\/tmc\/article.jhtml?ElementId=gg20110320_58096\">TheMarker<\/a>,\u00a0<a href=\"http:\/\/www.calcalist.co.il\/internet\/articles\/0,7340,L-3511994,00.html\">Calcalist<\/a>)\u00a0Facebook has acquired\u00a0Snaptu for an estimated $60 \u2013 $70 million, although some reports peg the price lower, at around $40 million.<\/p>\n<p><strong>Update:<\/strong> a Snaptu executive has confirmed the acquisition to our friend\u00a0Orli Yakuel, but declined to discuss the purchase price or other terms of the deal.<\/p>\n<p><strong>Update 2:<\/strong> and the confirmation is up\u00a0<a href=\"http:\/\/blog.snaptu.com\/?p=224\">on Snaptu\u2019s blog<\/a>. The acquisition is apparently expected to close within a few weeks.<\/p>\n<p><strong><a href=\"http:\/\/techcrunch.com\/2011\/03\/20\/facebook-reportedly-acquires-snaptu-for-an-estimated-60-70-million\/\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech Crunch &#8211; According to several Israeli business newspapers (TheMarker,\u00a0Calcalist)\u00a0Facebook has acquired\u00a0Snaptu for an estimated $60 \u2013 $70 million, although some reports peg the price lower, at around $40 million. Update: a Snaptu executive has confirmed the acquisition to our [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-21344","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=21344"}],"version-history":[{"count":3,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21344\/revisions"}],"predecessor-version":[{"id":21347,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21344\/revisions\/21347"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=21344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=21344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=21344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}