Microsoft Acquires VideoSurf for $70 Million, Calcalist Reports
Microsoft Corp. (MSFT) has acquired VideoSurf Inc., a search engine for online videos, for $70 million, the financial daily Calcalist said today, without saying where it got the information.
The San Mateo, California-based VideoSurf was founded by four Israelis. Investors include the Herzliya, Israel-based Pitango Venture Capital fund.
A voice mail left for the marketing communications official at Pitango was not immediately answered.
To contact the reporter on this story: Gwen Ackerman in Jerusalem at firstname.lastname@example.org
To contact the editor responsible for this story: James Ludden at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.