CNET acquires Killer App..
from the there-goes-another-one dept
CNET acquired Killer App this morning for 500,000 shares of its stock.. That makes it about a $49 million deal. Nifty.
CNET acquired Killer App this morning for 500,000 shares of its stock.. That makes it about a $49 million deal. Nifty.
Comments on “CNET acquires Killer App..”
49M?
Not sure if they are worth 49M. They have a nice site with plenty of product detail info. But typically these deals are valued on traffic as well as content. I wonder how much traffic Killer App has compared to CNET’s own Shopper.com.
Re: 49M?
KillerApp is a really good site. I’m not a business guy so I won’t comment on the purchase price, but they have a lot to add to the Shopper.com site, especially in the area of consumer electronics coverage. This is a key purchase point.
CNET Shopping Services will dominate… 🙂
–Dan