Groupon Buys Zappedy for $10.3 Million

Groupon has acquired Zappedy for $10.3 million, according to a document filed with the SEC today. A Groupon spokesperson confirmed the deal but declined to elaborate on the details. Already, Zappedy’s site has been shut down; in its place is the message: “We’re excited to join the Groupon Team.” TechCrunch, which caught wind of the acquisition earlier this month, reported that the company has a couple of different business models, but started off helping small merchants to easily create Web sites and advertise online through social media and daily deals.


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I think the NSA has a job to do and we need the NSA. But as (physicist) Robert Oppenheimer said, “When you see something that is technically sweet, you go ahead and do it and argue about what to do about it only after you’ve had your technical success. That is the way it was with the atomic bomb.”

— Phil Zimmerman, PGP inventor and Silent Circle co-founder, in an interview with Om Malik