EveryBlock.com, the Chicago-based local-news Web site founded by programmer-journalist Adrian Holovaty, has been acquired by MSNBC.com for an undisclosed sum.BTW, once again the Ward 6 feed from EveryBlock.
(Note: Kara Swisher of the Wall Street Journal reports that the price was "several million dollars.")
Under the all-cash deal, which closed last week, EveryBlock will remain headquartered in Chicago, where five of its six employees work. Its Web sites in 15 cities will remain independent, although MSNBC President Charlie Tillinghast says EveryBlock's technology will be used in MSNBC.com's local-news section and will be used to power new features on the nationally focused Web site.
"We see EveryBlock developing some fundamental technology in pursuit of their local mission that has extensions to other things we do," says Mr. Tillinghast.
Monday, August 17, 2009
EveryBlock acquired by MSNBC.com
In doing this blog EveryBlock.com was one of my favorite tools. Now who knows where it will take off as MSNBC purchases this startup:
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