Deals

SonicMountain acquires podcasting company Odeo, reportedly for more than $1M

New York’s SonicMountain, a new podcasting start-up that has yet to launch, has acquired Odeo, the early San Francisco podcasting site that launched in July 2005.

Odeo had become less of a focus for its owner, Evan Williams of late. Williams has launched a holding company, called Obvious, and has found more interest in other projects, including Twitter, also now under the Obvious roof. However, it has remained a destination for people interested in podcasts, and SonicMountain said it will continue to support Odeo and also use the site to deliver its own products.

Williams, who also built Blogger, now owned by Google, will act as an advisor during transition.

Techcrunch is reporting the acquisition was more than $1 million in cash.

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