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Fox Confirms Photobucket, Flektor Deals



Fox Interactive Media, parent company of MySpace, has finally confirmed their acquisitions of Photobucket and Flektor.

We were already pretty sure about the Photobucket deal. After the rumors began flying at the beginning of the month, ValleyWag & TechCrunch reported the deal was confirmed on May 8. Just a week later, we started afresh with the rumor that Flektor was next.

Today, CNET reports that Fox Interactive finally confirmed both deals. They didn’t comment on purchase prices.

Photobucket, one of the most popular online photo sharing sites, and Flektor, a photo/video/audio editing and slide show producing site, might well be merged into one product. Their services, individually or combined, will doubtlessly be used by many MySpacers.

In other M&A news, TechCrunch predicts that the long-rumored eBay/StumbleUpon deal will be confirmed today.