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	<title>TechCrunch &#187; Fotolog</title>
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		<title>Fotolog&#8217;s $90 Million Acquisition Completed</title>
		<link>http://www.techcrunch.com/2007/11/28/fotologs-90-million-acquisition-completed/</link>
		<comments>http://www.techcrunch.com/2007/11/28/fotologs-90-million-acquisition-completed/#comments</comments>
		<pubDate>Wed, 28 Nov 2007 16:39:40 +0000</pubDate>
		<dc:creator>Erick Schonfeld</dc:creator>
				<category><![CDATA[Company & Product Profiles]]></category>
		<category><![CDATA[Fotolog]]></category>
		<category><![CDATA[Hi-Media]]></category>

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		<description><![CDATA[French Internet company Hi-Media,operator of one of Europe&#8217;s largest ad networks and micro-payment services, completed its acquisition today of Fotolog.  The $90 million deal was first announced last August.  Since then, Fotolog has added two million more members for a total of 13 million, and claims 3.9 billion page views a month.  [...]]]></description>
			<content:encoded><![CDATA[<p><a href='http://www0.fotolog.com/'><img class="shot2" src='http://cache0.techcrunch.com/wp-content/fotolog-logo.png' alt='fotolog-logo.png' /></a>French Internet company <a href='http://www.hi-media.com/visu_uk/visu_HMG/index.php'>Hi-Media</a>,operator of one of Europe&#8217;s largest ad networks and micro-payment services, completed its acquisition today of <a href='http://www0.fotolog.com/'>Fotolog</a>.  The $90 million deal was first announced <a href='http://gigaom.com/2007/08/27/fotolog-acquired-by-hi-media-french-ad-network/'>last August</a>.  Since then, Fotolog has added two million more members for a total of 13 million, and claims 3.9 billion page views a month.  Fotolog trails behind MySpace&#8217;s PhotoBucket and Yahoo&#8217;s Flickr.  CEO John Borthwick is moving on to his incubator/investment fund <a href='http://betaworks.com/home.html'>Betaworks</a>.</p>
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