Tuesday, August 18, 2009

MySpace May Acquire iLike For $20M

MySpace has been doing rather substantially on the penalization face in past days; this month, it's debuted a Heath Ledger-directed penalization recording and whatever Pearl Jam songs.  The place haw presently chalk up added win, too, as digit inform indicates it's most to attain a momentous acquisition.

Michael Arrington writes, "MySpace is near to feat favourite ethnic penalization assist iLike, we've addicted with binary sources.  The deal, which should near this week, module be MySpace's prototypal acquisition since newborn CEO reformer Van chemist took curb of the consort in Apr 2009.  The toll is 'around $20 million.'"

Since iLike has upraised $16.5 meg in resource since effort started in 2006, that sounds same quite a bargain.  What's more, iLike has ties to Facebook, Bebo, and Orkut, and claims to hit over 50 meg qualified users, so MySpace strength be effort a aggregation of "ins."

As for what variety of grouping are involved, the originator of MTV, a Clear Channel SVP, and stake capitalist Vinod Khosla are members of iLike's consultatory board, so MySpace seems to be receiving an inherent nod from whatever pretty essential folks.

We'll be trusty to wage added info as they embellish available.


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