All the sessions from Transform 2021 are available on-demand now. Watch now.


Lots of merger reports are coming in this morning. AOL, in the largest of the three reported deals, has picked up Internet video firm StudioNow for a reported $36.5 million. That’s a pretty good payoff for investors in the Nashville-based startup. Clayton Associates and Claritas Capital had put only $3.5 million into StudioNow.

In addition, AOL confirmed last week’s rumors that CTO Ted Cahall is leaving AOL, and Google/Microsoft alumnus Jeff Raynar has become AOL’s new Head of Technology for Engineering and Products in New York City.

StockTwits, a sort of Motley Fool 2.0 for sharing investment information, has purchased financial news site Abnormal Returns, and promises to meld the two — plus stock charts startup chart.ly, which StockTwits bought last year — into a real-time financial news hub. Investor info about Abnormal Returns is also hard to come by. It’s presumed to be privately funded on the cheap by founder Tadas Viskanta.

Finally, LivePerson — “an online marketplace for expert advice and information” — has picked up Web analytics startup NuConomy for a reported $3 million. NuConomy, an Israeli-founded firm whose headquarters are — or were — in San Francisco, originally received seed funding from Israeli super-angel Yossi Vardi, followed by $3 million from WPP in early 2008. That makes the purchase pretty much a return of the investments.

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member