buys Onebox

from the more-consolidation dept announced today that it would buy buy Onebox for $840 million in stock. With a $7+ billion valuation, I guess has alot of money to throw around, they’ve been on a buying spree lately..

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Comments on “ buys Onebox”

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Mike (profile) says:

Seems a little odd

This was a bit of a surprise, and I think it may have been prompted by having too much stock funny money. Onebox had been fairly quiet recently except for a few comments that made it sound like they weren’t sure where they were going. To spend almost a billion on a company like that seems strange. Great deal for the folks at onebox, though…

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