Monday, July 9, 2007

FIM Completes Photobucket Buy

Los Angeles-based Fox Interactive Media said today that it has completed its acuqisition of Photobucket, a provider of online storage for photos and videos. Financial terms were not disclosed. Fox Interactive Media announced the deal in May. Photobucket was the leading provider of storage for photos, videos, and other content, used by web users to share their photos on blogging web sites like MySpace, Facebook, and other social networking web sites.

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