Google to Acquire Feedburner for $100 Million
Sources say Google and Feedburner have agreed to a deal where the Mountain View, Calif. company would pay cash for the company, with the deal closing within two to three weeks. However, neither company had responded to requests for comment on the deal as of press time.
Feedburner provides RSS management services for blogs and websites, and has seen tremendous growth in the past several months. Such an acquisition would fit nicely with Blogger, the web log service Google acquired in early 2003. Details of the deal were first reported by technology web log TechCrunch on Wednesday.
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