Babbel throws out cash to buy FriendsAbroad | Startup Meme - Technology Startup and Latest Tech News

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Nov 6 2008

Babbel throws out cash to buy FriendsAbroad

Sardar Mohkim Khan 

image thumb95 Babbel throws out cash to buy FriendsAbroadFriendsAbroad, an online language community startup head on towards shut down and 500,000 of its users being encouraged to join another key language learning service. The reason being its acquisition by the German based service, Babbel. The sum it has been acquired for remains unknown but according to reports the deal has been made in cash. The reason for this acquisition given by Markus White is simply that Babbel offers courses to its users that appeal to those using FriendsAbroad.

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