New York-based BuyWithMe, an online group-buying startup founded in Boston, said today it has acquired Groop Swoop, a San Francisco-based deals site. Terms of the purchase were not given, but it’s an example of further consolidation in the daily deals sector led by Groupon and LivingSocial. The acquisition comes on the heels of BuyWithMe’s purchase of Chicago-based DealADayOnline and Seattle- and San Diego-focused deals site LocalTwist in recent months. BuyWithMe, founded in 2009, is active in 13 metro areas around the U.S. and says it plans to double that number by the end of this year.
Author: Gregory T. Huang
Greg is a veteran journalist who has covered a wide range of science, technology, and business. As former editor in chief, he overaw daily news, features, and events across Xconomy's national network. Before joining Xconomy, he was a features editor at New Scientist magazine, where he edited and wrote articles on physics, technology, and neuroscience. Previously he was senior writer at Technology Review, where he reported on emerging technologies, R&D, and advances in computing, robotics, and applied physics. His writing has also appeared in Wired, Nature, and The Atlantic Monthly’s website. He was named a New York Times professional fellow in 2003.
Greg is the co-author of Guanxi (Simon & Schuster, 2006), about Microsoft in China and the global competition for talent and technology. Before becoming a journalist, he did research at MIT’s Artificial Intelligence Lab. He has published 20 papers in scientific journals and conferences and spoken on innovation at Adobe, Amazon, eBay, Google, HP, Microsoft, Yahoo, and other organizations. He has a Master’s and Ph.D. in electrical engineering and computer science from MIT, and a B.S. in electrical engineering from the University of Illinois, Urbana-Champaign.
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