Sony Acquires Grouper for $65 Million

Next Story

Media Hosting for the Social with Box.net/lite

Sony Pictures is going to announce an acquisition of Grouper sometime today, a long-time (launched way back in 2004) online video startup for a reported $65 million. Out of all those crazy acquisition rumors that have been floating around for the past few weeks — months, infact — who would've thought something like this would be it?

Grouper is an application like tens of others (but, ironically, was the first one there) which do online video. Their motto is 'Watch, Share, Create,' and simply enough, they allow you watch and share videos YouTube style, and create and edit your own ones with their free Grouper 2.0 application. Sony's main benefit and reason of this acquisition, however, is their custom P2P network protocol system which they're going to inherit and use.

So, it's obvious that out of all the big technology companies of the world, Sony was (before this acquisition took place) one of the only few that hadn't laid its hands on Web 2.0, infact, it had never even acknowledged it. So this is their move to get in the game. What's funny is that before yesterday when I wrote the 'Friendster Gets $10m More,' I'd never ever even heard of Grouper. In that post I mention DAG Ventures, the firm which supplied Friendster with their additional $10 million who ironically also happened to be one of Grouper's investors. Now I see where they must've got that $10 million.


Muller 3TWSO Thumbwheel Switch DIGICO 956-0040.00-00 picture
Muller 3TWSO Thumbwheel Switch DIGICO 956-0040.00-00
Switch 110 / 220V Single Phase On / Off Power Tool Saw Machine Motors New picture
Switch 110 / 220V Single Phase On / Off Power Tool Saw Machine Motors New
Single Port Power Adapter for outlet with On/Off Switch energy saving - 6 Pack picture
Single Port Power Adapter for outlet with On/Off Switch energy saving - 6 Pack
1PC NEW Contrinex DW-AS-501-P12 Proximity Switch  picture
1PC NEW Contrinex DW-AS-501-P12 Proximity Switch
24V/1A AC/DC PSU Regulated Switching Power Supply 25W High Quality GHI-7 s2 picture
24V/1A AC/DC PSU Regulated Switching Power Supply 25W High Quality GHI-7 s2