Odeo bought by SonicMountain

Post ImageBack in February I posted about Evan Williams and Obvious Corp. trying to sell Odeo. I hadn’t heard anything since then, so I kind of figured they were unable to find a buyer. Turns out they did though. From TechCrunch:

Details are just coming out, but New York based SonicMountain, a new startup, has acquired Evan Williams’ Odeo. The announcement will come sometime tomorrow. The price is not being disclosed but is in excess of $1 million, and the deal was all cash.

Mike Arrington isn’t joking when he calls SonicMountain a new startup – their website is plain and empty. The only thing of interest is the news release:

SonicMountain intends to incorporate exciting enhancements to the Odeo community within the next few months. Improvements in content organization, search, crawl, plus podcast hosting of both audio and video are only a sampling of upcoming upgrades planned for the site.

Evan Williams will work with SonicMountain as an advisor for the next six months or so.

I’m interested to see what SonicMountain actually does with the site. Intentions are one thing, actions are quite another.

Read: TechCrunch

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