AOL has proved it’s still alive and kicking with the acquisition of Goowy Media, a widget developer based in San Diego.
Goowy was far from the only option on the table for AOL, with widget companies crawling out of the woodwork — Gydget, Kadoink and Widgetbox, to name just a few. However, Goowy had an advantage over its peers, having worked hand-in-hand with AOL since shortly after launching in late 2006.
The company provided widgets for the myAOL portal, although it also allowed other publishers and independent developers to make widgets on its Yourminis platform. It didn’t say whether it would work exclusively with AOL in the future.
The two companies didn’t disclose the acquisition price. Goowy had only taken seed funding to date, from entrepreneur Mark Cuban. Goowy also posted a blog entry on the acquisition, found here.
2 Comments
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Matt said:
Care to “Venture” a guess at the price? Some of us aren;t so good at guesstimating… hehehe… no rumors? no tips? no educated guess? I’m just curious, is all.
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Chris Morrison said:
I’d suppose it to be somewhere between three and ten million, but we never covered that one extensively, as it’s based down in San Diego. If I knew, I’d tell you.
3 Trackbacks
1:08 pm
Tech Coast Review: Goowy gets bought by AOL said:
Goowy widget company gets bought by AOL…
..originally funded by Mark Cuban in a seed round, today announced that they have been purchased by…..
11:40 pm
Showoff at Twiistup 4 said:
[...] 4 Showoffs is underway. Here’s a few of the Showoffs from Twiistups 1-3.. Goowy Media / Acquired by AOL after TwiistupJibJab / Launches Starring You at TwiistupMint / TechCrunch 40 Top Company Winner after [...]
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Get Ready for Twiistup 4: Pete Cashmore is on the Showoff Selection Panel said:
[...] Media was acquired by AOL after Twiistup JibJab launched Starring You at Twiistup Mint was a TechCrunch 40 Top Company Winner after Twiistup [...]