Outbrain bought the content recommendation system Surphace from AOL for an undisclosed sum. Surphace is a reincarnation of Sphere, a startup founded by Martin Remy and Steve Nieker in 2006 as a related content plugin and was later acquired by AOL in April 2008 for a rumored sum of $25 million
Breaking: AOL Buying Israeli Video Site 5min Media
AOL acquires 5min media, a web video startup based in Israel for an estimated $50-$65 million. 5min has become a leading video distribution platform with 100 million monthly views.