Brad Greenspan’s Live Universe continues its acquisitions spree: they’ve bought troubled Silicon Valley startup MeeVee, we’re heard from multiple sources. This comes less than a month after they announced the acquisition of Pageflakes, another northern California startup.
We do not know the acquisition price, but it is undoubtedly less than the $25 million Meevee has raised in venture capital over the years. The company, which was founded in 2000, let 20% of its staff go in mid-2007, and made more layoffs earlier this year.
Meevee integrates online TV listings with video. In 2006 we compared them favorably to other online tv guides, and the product has evolved significantly since then. Still, they never got the traction they needed for a big liquidity event. Perhaps Meevee will find a comfortable home at Live Universe, which has, among many other properties, a popular online video site called LiveVideo.
The MeeVee team will report to Dan Cohen, the former CEO of Pageflakes, according to our sources.