Self-Promotion Site CornerWorld Offers $30 Million To Acquire Sway
By David Kaplan - Mon 04 Feb 2008 10:45 AM PST
CornerWorld, an online video site that caters to musicians, filmmakers, political candidates and other self-promoters, has said it intends to acquire social marketing company Sway Inc. for $30 million in cash and stock. As part of opening its site to users’ video as a personal showcase for their talents, CornerWorld also offers free, online “business management” services. It is traded on OTC board and based in Dallas, Texas. Meanwhile, Sway, based in Middleton, Wisconsin, positions itself as a consultant to businesses interested in online targeting. Release
Posted in: Advertising, Marketing, Broadband, Social Media, VC+M&A, Mergers & Acquisitions
Tags: sway, cornerworld
