Auction giant eBay has recently acquired StumbleUpon, a San Francisco company that helps users discover and shre sites that fit their specific interests, for US$75 million.
StumbleUpon has approximately 2.4 million users, and is growing quite rapidly.
Bill Cobb, the President of eBay North America has the following to say;
Our intent is to support the growth and evolution of this community-based business, and StumbleUpon will run as a separate business unit within eBay Inc. Although there are no definite plans to share at this time, as the site evolves, we’ll be exploring the possibilities for synergies between StumbleUpon and eBay marketplaces, Skype, and PayPal.
eBay Senior Director Michael Buhr will serve as general manager of StumbleUpon effective immediately. StumbleUpon’s current founders and management team will remain in their respective positions and will work hand in hand with Buhr to enhance the StumbleUpon services.
By the way, have you tried the StumbleUpon Toolbar? Download it for free today and give it a shoot. It’s cool I assure you.