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HandHeld Entertainment Acquires Dorks.com for $1.5 Million

Authored by Mark Hefflinger on November 14, 2006 - 2:34pm.
San Francisco - HandHeld Entertainment, a maker of portable media players, said on Tuesday that it has acquired Seattle-based Dorks.com, an aggregator of user-generated content, for $1.5 million. The deal includes $500,000 in cash, and the remainder in the form of a five-year, $1 million note, convertible to Handheld's stock.
tags: Deals | Mobile | Internet | Acquisitions | PMP | Handheld | UGC | Dorks.com |