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Notable online startup sales

Published On: May 20 2013 02:17:16 PM CDT   Updated On: May 20 2013 02:23:35 PM CDT

Yahoo is acquiring popular social media blogging site Tumblr for $1.1 billion, the company announced Monday. Take a look at other notable online startup acquisitions.

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REUTERS

Yahoo raised eyebrows in March 2013 when it acquired news reader Summly from developer Nick D'Aloisio for a reported $30 million. The eyebrow-raising came from D'Aloisio being only 17.

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