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April 3, 2011 02:44 am GMT
Exclusive - No, Conduit was not acquired for a billion dollars or more by Google or Microsoft ... yet (although one executive suggested to me in a phone call this week that the company should, in fact, be worth about half of Facebook's valuation on the private market - meaning about $35 billion at present day - because they reach about half of the social network's audience). We'll see about that.Either way, what's really happening, according to solid sources close to the company, Conduit is in fact acquiring another Israeli startup in the Web app publishing and distribution space, namely Wibiya, and they added that the deal could close as early as next Monday or Tuesday. 
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YduiH7YWF6Q/
Conduit Acquires Web Application Platform Wibiya For $45 Million: Sources
Exclusive - No, Conduit was not acquired for a billion dollars or more by Google or Microsoft ... yet (although one executive suggested to me in a phone call this week that the company should, in fact, be worth about half of Facebook's valuation on the private market - meaning about $35 billion at present day - because they reach about half of the social network's audience). We'll see about that.Either way, what's really happening, according to solid sources close to the company, Conduit is in fact acquiring another Israeli startup in the Web app publishing and distribution space, namely Wibiya, and they added that the deal could close as early as next Monday or Tuesday. Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YduiH7YWF6Q/
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