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