WhitePages.com is purchasing Snapvine for an undisclosed sum. Both companies are based in Seattle.
WhitePages.com, which provides online contact information, said Wednesday that it is buying fellow startup Snapvine for an undisclosed sum. Both companies are based in Seattle.
WhitePages intends to add Snapvine’s software, which enables voice communication in online communities, to its offerings. Snapvine’s development team will also join WhitePages. The combined company also plans to launch a voicemail box, messaging services and other products, WhitePages said in a statement.
WhitePages expects Snapvine Chief Executive Joe Heitzerberg to become the vice president of a newly created division, Communication Product Development. The parties expect the transaction to close in about five to 10 days, pending the approval of Snapvine’s shareholders.
“Snapvine is an ideal complement to our existing business with the ability to give a voice to WhitePages.com, enhancing the way people find each other and connect,” said Alex Algard, founder and CEO of WhitePages.com.
Most Read Business Stories
- King County's secret all-cash homebuyers must reveal true identity to law enforcement
- T-Mobile plans $160 million Bellevue campus renovation VIEW
- Boeing to hold regional meetings with airlines on 737 MAX, while execs try to reassure employees
- Dispute arises among U.S. pilots on Boeing 737 MAX system linked to Lion Air crash
- Worst day of an awful year leaves no corner of U.S. financial markets unscathed
Snapvine was founded in 2005. WhitePages was incorporated in 2000 and received a $45 million cash infusion in 2005.
Ángel González: 206-515-5644 or email@example.com