RadiumOne Acquires Focal Labs

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RadiumOne has acquired Focal Labs, a technology platform and developer of the photo sharing and geo location apps Clixtr and PicBounce. The size of the deal was not shared.

Gurbaksh Chahal (Founder and CEO, RadiumOne): Consumers are sharing more and more every day. In fact, more than 15 billion items are shared every day across the Open Web – many of which are photos.

The Focal Labs team will focus on developing first-party sharing products for consumers.

Upload: 03-02-12