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April 17, 2012 05:08 am GMT
It's a big day for M&A. The latest of today's deal announcements is the news that Groupon has acquired Ditto.me, the mobile app for discovering and planning new places to go with friends. Ditto announced its sale in an entry on its company blog. Ditto's service will eventually be shut down as part of the integration into Groupon, the company said. Financial terms of the deal have not been disclosed. Ditto was founded by Jyri Engestrom, who was previously known as the co-founder of Jaiku, the microblogging site that was Europe's early answer to Twitter and was acquired by Google in 2007. Engestrom left the big G in 2009 to re-enter the entrepreneurial space, and the official launch of Ditto followed in March 2011.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/EzALlP1uCcE/
Groupon Acquires Social Recommendation App Ditto.me
It's a big day for M&A. The latest of today's deal announcements is the news that Groupon has acquired Ditto.me, the mobile app for discovering and planning new places to go with friends. Ditto announced its sale in an entry on its company blog. Ditto's service will eventually be shut down as part of the integration into Groupon, the company said. Financial terms of the deal have not been disclosed. Ditto was founded by Jyri Engestrom, who was previously known as the co-founder of Jaiku, the microblogging site that was Europe's early answer to Twitter and was acquired by Google in 2007. Engestrom left the big G in 2009 to re-enter the entrepreneurial space, and the official launch of Ditto followed in March 2011.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/EzALlP1uCcE/
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