CityGrid Media Acquires BuzzLabs (IACI)

CityGrid Media , an operating business of IAC IACI, today announced the acquisition of Seattle-based BuzzLabs, a leading social media monitoring and sentiment analysis platform that creates valuable content for publishers and consumers, and helps local businesses monitor their presence across the web. Terms of the deal have not been disclosed. The acquisition gives CityGrid the immediate ability to aggregate and analyze millions of pieces of content across its content and ad network—including reviews, articles, blog posts, check-ins, Likes and countless other real time streams of user generated content—producing an enormous repository of business sentiment, consumer insight and trending data for its publishers and million-plus merchants.