Microsoft Has Acquired TellMe
Written by on February 26th, 2007 in Ajax News.
Take TellMe off the IPO list for this year - We have multiple sources saying that Microsoft has acquired the company. We’re trying to find the price now. The company has raised More details to follow. See our recent coverage of the company here.
The company has raised a whopping $239 million in capital over four venture rounds, although the most recent round was back in 2001. The company is both profitable and cash flow positive - two years ago they were generating a reported $100 million plus in revenue.
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Source: TechCrunch
Original Article: http://feeds.feedburner.com/~r/Techcrunch/~3/96430613/