Myspace Decides To Acquire Photobucket
May 8th, 2007
Myspace Decides To Acquire Photobucket
With rising popularity of Photobucket, Myspace has decided to acquire it with around $250 million. Infact Photobucket was looking for someone to sell it since March & now Myspace has agreed to acquire it. With 46 world wide ranking Photobucket is rising very fast compared to Yahoo’s Flickr. Photobucket has 41 million users world wide sharing 2.8 billion images and it commands 40 percent share of the US online photo hosting. There’s no doubt that Myspace is interested in acquiring it.
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