NEWS28 March 2014

Lithium gets Klout

M&A News North America

US — Social influence tracker Klout has been acquired by online community and social media technologies provider Lithium Technologies.

Terms of the deal have not been disclosed, but tech news site Re/code previously cited a possible price tag of at least $100m.

“Joining Lithium is a proud moment for Klout,” said Joe Fernandez, Klout CEO.

“Lithium shares our passion for empowering every person to measure and maximize their impact online. Together, we can provide a comprehensive measure of trust and expertise for both consumers and brands in our digital age. Lithium is ultimately bringing greater transparency to every aspect of the online relationship.”

Full details can be found here.