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Companies
by Marc on August 24, 2006
Sony continues the latter tradition with the $65 million purchase of Grouper. Grouper launched as personal p2p file sharing software that enabled users to share files with friends. The company then focused on using the software to upload video to its web site for public sharing.
Grouper.com claims it is "the second largest independent video community." Sony's acquisition gives it a new channel to distribute its content that includes a video sharing web site and software for convenient video uploading, as well as sharing and downloading.
Permalink: Sony Lands Grouper for $65 million
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Mr Wong
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