Rafat hints at Another Pic-Sharing Buyout ? :
Another pic sharing application has been bought out by a major digital media company, I've heard, and is being announced as soon as Monday...no, it wasn't among the list we put up...
Hint: the company buying it already bought out a big player in the same market last year...
So let's see. Who bought a "big" player in the space last year ?
- Google picked up Picasa for $4.7M
- CNET bought Webshots for $70M ($60M cash + $10M earn-out)
Based on the "big" qualifier, I would venture that CNET is picking up someone in the sharing space to lay on top of Webshots ? Picaboo ? Heypix ? Smugmug ?
Heypix would seem to make the most sense from a complementarity standpoint: moblogging, posting to other blogs, statistics, etc. And since the company recently launched, there would not be a lot of legacy to integrate.
Any other idea (or rumor :-) ?
Update: Bingo! It is Heypix. Official announcement on the site is here. Congratulations to the founders of Windup Labs, maker of Heypix. A take-out 4 months after launch is... unusual. Rafat had the scoop.
PS: Any prediction as to who gets bought next week ? Bookies could almost get something going here.