Social Messaging Apps Firm BigString Buys IM Firm Buddystumble
This story was written by Rafat Ali.
Two companies I had not heard of before, but I guess they exist: BigString, an OTC-traded provider of social networking messaging apps, has bought out Buddystumbler, an IM-based social network that integrates all other major IM clients in an online environment...both of them are similar to the much bigger and well-known Meebo. The deal was done as an all-stock transaction, and future rev share. More here.
By Rafat Ali