Automattic acquires Cloudup
Sep 26, 2013 (MarketLine Financial Deals Tracker via COMTEX) --
Automattic, Inc., a web development company, has acquired Cloudup, Inc., a provider of images and video sharing platform. Both the companies are based in the US.
Deal Type Acquisition
Sub-Category Majority Acquisition
Deal Status Completed: 2013-09-25
Target (Company) Cloudup, Inc.
Acquirer (Company) Automattic, Inc.
The acquisition will enable Automattic to enhance its media library used for uploading visual content and post editing to give multiple users the ability to edit at one time.
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