Looks like the liveblogging world just got a bit cozier. ScribbleLive just announced its acquisition of CoverItLive from Demand Media. Both services will continue to operate as separate entities, even though they were once quite competitive with one another.
Both companies tried to create the “best” liveblogging platform a few years ago. This effort was halted abruptly when reigning champ WordPress created its own liveblog feature. Even so, ScribbleLive and CoverItLive lived to see another day by offering other content-creation and social media products.
According to Vincent Mifsud, Scribble Technologies’ CEO, the company has been doing well in 2014, expanding its international presence and releasing an enterprise-level product. Of the CoverItLive acquisition, Mifsud said in a statement, “[It] will help us accelerate our growth rate even further and exponentially increase our influence in the market.”
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