HomeInternetLiveUniverse acquires Pageflakes

LiveUniverse acquires Pageflakes

Pageflakes Screenshot

LiveUniverse has acquired Pageflakes.com, an innovator of the social personalized homepage. LiveUniverse also owns popular social networking sites like MySpace.

The terms and conditions of the acquisition have not been released. However what’s known is that the transaction was a combination of cash and stock.

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“We’ve found incredible synergies between the two companies, so joining together was simply inevitable,” said Brad Greenspan, Chairman, CEO and founder of LiveUniverse. “LiveVideo has been growing explosively by giving users the most compelling and interactive entertainment experience. Pageflakes offers LiveVideo and other LiveUniverse sites the ability to blaze new trails in the industry and create even greater opportunities for both consumers and advertisers.”

“Pageflakes redefined the personalized homepage by making it an easy-to-use social experience that anyone can use and share,” stated Dan Cohen, CEO of Pageflakes. “We’re absolutely thrilled to be working with Brad and LiveUniverse to reach millions of new users, as well as provide unique content and features to our current user community. The combination of our two companies is truly much bigger than the sum of its parts, and the resulting innovation will be highly compelling for our users and partners.”

LiveUniverse claims that with the new acquisition, users will be able to remix and mashup their LiveVideo videos, photos, music, blogs and LiveShows with compelling interactive content from their favorite sites on the web on their own LiveVideo start page. Users can also then “Pagecast” (share and publish) these pages within their LiveVideo social network or to everyone on the internet.

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