AT&T Tech Support 360
May 15, 2007 8:18 PM PDT
Rumor: MySpace to acquire Flektor?
TechCrunch is claiming that two unnamed sources are pointing to a MySpace acquisition of Flektor, a recently launched site for creating multimedia widgets that incorporate photos, videos, and text. The widgets can then be embedded in blogs or on MySpace profiles.
Earlier this month, it was reported that MySpace had acquired image-sharing site Photobucket after a widget-related skirmish between the two. Neither company has formally confirmed that acquisition, but sources set its financial terms at about $250 million.
For obvious reasons, the rumored Flektor acquisition is said to be much smaller--between $10 and $20 million. According to TechCrunch, MySpace has declined comment.
