SurveyMonkey Evolves, Acquires MarketTools
Online polling outfit SurveyMonkey announced today that in conjunction with private equity firm TPG Capital, it had agreed to buy MarketTools, maker of online survey app Zoomerang and a variety of products for market research and feedback management. Terms of the complex deal were not disclosed, but the New York Times says TPG is getting a stake of less than 10 percent of SurveyMonkey at a valuation of $1 billion.
