17
2006
Yahoo! acquires Bix
An article by 
Bix announced today that they have signed an agreement to be acquired by Yahoo!
Bix is a 16-person company headed by Mike Speiser. Bix is an online community which has grown tremendously since its inception with over one million visitors to date.
Contests on Bix can to be started by Bix members or by corporate sponsors. Winners are selected by the largest vote tally.
Bix CEO Mike Speiser will continue running Bix. He will also be responsible for Yahoo! Groups, 360, and Photos under the title VP of Community.
Financial terms of the deal were not disclosed.
Via Techcrunch and Reuters
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Ajay is an investment banker by profession and a die-hard blogger by passion. He is the owner and chief editor of Techtites. In his free time, he also blogs at AjayDSouza.com, authors a few WordPress plugins and operates Sir Arthur Conan Doyle
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