Facebook-Friendfeed Deal Details
Posted: August 12th, 2009.
Facebook has acquired Friendfeed and that’s known. Here are the details about the deal:
Value of Friendfeed : $50 million
Amount paid in cash : $15 million
Amount paid in stocks : $32.5 million
Friendfeed has an early investor in Benchmark Capital who put in $5 million and they are likely to take the cash.
Keep yourself updated on all the technology news by following us on Twitter or by joining us on our Facebook Page.
