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Walmart Acquires Kosmix for $300 Million

KosmixWalmart has announced the acquisition of Kosmix, a website that filters social media content into topics. One of Kosmix's most popular services is Tweetbeat, which helps filter the top stories on Twitter. The site will become part of the newly formed @WalmartLabs division.

All Things D reports that Wal-Mart Stores paid over $300 million for Kosmix.

Posted on April 19, 2011





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