Yahoo Inc. Acquires Upcoming.org
An AP newswire article by Michael Liedtke, via Yahoo! News, reports that:
Yahoo Inc. has acquired Upcoming.org, an online event planning site that's expected to infuse the Internet powerhouse with more content about local communities.
The Sunnyvale, Calif.-based company confirmed the deal late Tuesday without disclosing financial terms of the acquisition.
Los Angeles-based Upcoming acts as a social calendar that depends on its users to post free listings about a wide range of upcoming events, from local rock concerts to picnics in the park.
The site, founded by Andy Baio, provides tools that enable users to share observations about the events and identify common areas of interests.
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