Infibeam acquires Picsquare

Nikhil reports that InfiBeam has acquired Picsquare. Picsquare was one of the first startups that I covered on StartupDunia.

No details about the deal are available, but assuming that Picsquare had a lucrative exit, want to congratulate Manish and Kartik on the successful exit.

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Comments

2 Responses to “Infibeam acquires Picsquare”

1. Nikhil on November 18th, 2008 2:17 am

   Hi Pranav,
   updated - Manish says it’s not an exit - the team will stay on with Infibeam. He declined to comment on the specifics - whether there’s a lock-in period (in which case it’s an exit), or there’s stock involved (which means they’re coming on board.

   one small thing about the post - MediaNama reports..not Nikhil reports

2. pranav on November 19th, 2008 7:20 pm

   nikhil,

   if it isnt an exit, I’m trying to make sense of the acquisition