Qloud Gets Acquired by Buzznet
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As confirmed with close sources, Qloud, the social music web service, has been acquired by Buzznet, the social media community which has a heavy music content.Ã‚ This is the second internet company in the D.C. area to have news of acquisition within the past week.Ã‚ The company which has a small team of employees went live back in 2006 but experienced explosive growth with the launch of the Facebook platform.
There is no word on the actual price of the acquisition price but Adam Ostrow claims