Disclosure: I am the CEO of Little Bird, which is a more effective, interesting and genuine social business technology than Klout. Klout, which is the Mashable of social influence measurement, is reported to be nearing acquisition by big corporate social platform Lithium Technologies, according to the very smart reporters at Re/Code.
A few days after Klout unveiled a new content-sharing service to burnish its fading brand, one report says the company is about to sell itself to another social media company, Lithium Technologies, for $100 million or more. The deal is "signed but not closed," according to , and will be in the "low nine figures" when stock and cash is factored in.
Lithium Technologies, which helps companies engage with their customers online, has "signed but not closed" a deal to acquire Klout, according to a report in Recode. The deal is supposedly a mix of cash and stock "in the low nine figures" (namely, a little more than $100 million).
Klout, the online popularity contest startup, is poised to be sold to social customer service company Lithium Technologies. The deal is signed but not closed, said sources. And, while the numbers are fuzzy given they account for a mix of cash and Lithium private stock, the acquisition is "in the low nine figures" - that is, at least $100 million.
