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August 17, 2009 acquires local news site, EveryBlock

Posted by David Hunter at 5:05 PM ET. (the 50/50 Web partnership of Microsoft and NBC) has acquired "hyperlocal" news aggregation site EveryBlock: has acquired EveryBlock, a Chicago-based Web site that offers news and information down to the neighborhood level in 15 cities, the two companies announced Monday.

EveryBlock, which will continue as an independent brand, allows users to type in their address, neighborhood name or ZIP code to view nearby news coverage, blog entries, civic data, photos and dozens of other types of information — all updated throughout the day.

Terms of the deal were not disclosed.

Note that EveryBlock aggregates news from other sources for the 15 major cities that it covers. EveryBlock has only 5 employees and not much traffic so presumably this is a technology and talent acquisition.

Filed under Acquisitions, Alliances, Coopetition,, Microsoft, NBC

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