Fox Interactive Media (NWS) Acquires Photobucket and Flektor

May 30, 2007 9:17 AM EDT
Fox Interactive Media (FIM), a division of News Corporation (NYSE NWS), announced separate agreements to acquire Photobucket and Flektor, Inc. Photobucket is one of the Web's most popular photo- and video-sharing services, and Flektor is a next-generation Web site that provides users with a suite of Web-based tools to transform their photos and videos into dynamic slideshows, postcards, live interactive presentations and video mash-ups.

Terms of the deals were not disclosed.

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