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December 20, 2012 11:00 pm GMT

Chase Acquires Local Offers Startup Bloomspot

bloomspot-logoBloomspot, a San Francisco-based local offers company whichdebutedback in 2010, has been acquired by Chase Bank, a subsidiary of JPMorgan Chase & Co., to form the basis of forthcoming offers-focused products, the companies are announcing today. Terms of the deal are not being disclosed at this time, but it involves the acquisition of both the technology Bloomspot developed, as well as its team.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/b0ytoW3ljCs/

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