REPORT: CarDomain acquires StreetFire
Filed under: Etc.
We’re not trusty whether or not they had to go to Vermont to circularize this out, but CarDomain has meet purchased StreetFire. That brings the No. 1 and No. 2 ethnic networks for machine enthusiasts low the aforementioned umbrella.
Each consort module keep most a dozen workers at their removed HQs in metropolis and Los Angeles, respectively. Although CarDomain is technically feat StreetFire, it module be the latter’s CEO spaceman actress who module be streaming the newborn hybrid. CarDomain originator and Chairman Alex Algard module keep his denomination in the newborn entity, and StreetFire backer, Lightspeed Venture Partners, gets a commission centre for relation Jeremy Liew.
Although both companies hit seen whatever past layoffs, no more are planned, and the consort reportedly expects to be in the black by this summer. The compounded viewership for the digit companies is quaternary to fivesome meg uniques a period with added quaternary meg reaching finished the WidgetFire widget. We desire them the best.
You crapper feature statements from Rob Einaudi and Nads after the jump.
[Source: TechCrunch]
Continue datum REPORT: CarDomain acquires StreetFire
REPORT: CarDomain acquires StreetFire originally appeared on Autoblog on Wed, 08 Apr 2009 18:58:00 EST. Please wager our terms for ingest of feeds.
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