StumbleUpon enters the M and A game with purchase of 5by

You’re not a real tech company until you buy another tech company. That may or may not be true, but StumbleUpon has entered that arena with their first acquisition.

Content discovery service StumbleUpon is announcing that it has acquired 5by, a video startup based in Montreal.

The financial terms of the deal aren’t being disclosed, but the companies say the entire six-person 5by team will be moving to San Francisco to work out of StumbleUpon’s headquarters, where it will continue to develop 5by as a standalone product — so this isn’t just a talent acquisition.

Read full article