Rumors of Xobni Acquisition by Microsoft


TechCrunch posted today that Xobni, co-founded by PSU-alum Matt Brezina, is in acquisition discussions with Microsoft. According to the post, the first offer was sub $20 million and they are negotiating. This would be a big win for a Penn State entrepreneur, as well as another Y Combinator-backed venture.

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[...] late February, TechCrunch reported on rumors of Xobni’s potential acquisition by Microsoft. Today, TechCrunch writes that Xobni [...]