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New Deal


Announced

Completed

Reddit completed the acquisition of MeaningCloud.

Synopsis

Reddit, a social news aggregation, completed the acquisition of MeaningCloud, a software as a service product. Financial terms were not disclosed. “MeaningCloud helps strengthen Reddit’s platform by helping our community get the relevant information they are looking for even faster. With the addition of MeaningClound’s technology, we can continue our mission of providing simpler, richer, and more relevant content to our users. We are thrilled to welcome the talented MeaningCloud team to Reddit," Jack Hanlon, Reddit Vice President.

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