StumbleUpon and Investopedia Are No Longer Canadian

Two famous websites are no longer Canadian. Although everyone knew these acquisitions were coming, it was not expected to occur so fast and in a row.

Edmonton based Investopedia founded in 1999 and draws roughly 2,500,000 monthly viewers. Investopedia provides financial education to investors. On April 11, 2007, media giant Forbes bought Investopedia. Terms and conditions of the sale were not disclosed. You can visit Investopedia by clicking here – Investopedia.

Calgary based StumbleUpon founded in 2001. StumbleUpon is something like but not exactly a search engine. It searches for sites based on user’s personal preferences and other user recommendations. This has been known as discovery search, which can be seen as next generation search. Currently StumbleUpon has more than 2.3 million registered users. On May 30, 2007, EBay bought StumbleUpon for $75 million cash. You can visit StumbleUpon by clicking here – StumbleUpon.

Users find these sites useful and beyond ordinary. That’s why these sites attract massive traffic on a daily basis. When companies like Ebay and Forbes buy any sites, definitely they have business on mind. While doing business, I hope these sites will still be useful and able to meet users expectations, like the way they are now.