France's Hi-Media Group Acquires Fotolog for $90 MillionAuthored by Mark Hefflinger on August 27, 2007 - 12:48pm.
New York - Hi-Media Group, a France-based Web publishing and online advertising and commerce firm, announced on Monday that will acquire New York-based Fotolog, an online social network based around photo-sharing, in a deal valued at $90 million.
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