Facebook and Social Startups Meme.

Here comes news of quite an important acquisition in the Arab world as Smashing Magazine acquired Noupe, an Egyptian blog. Why? Well because Smashing Magazine is the most popular web development and design website with over 4 million visitors a month while Noupe also focuses on both design and development of websites. We aren’t aware of the cash value of this acquisition but I bet its quite a heavy amount given that the blog generated a very healthy monthly traffic with close to 35,000 feed subscribers. Apart from the finances of the deal, the acquisition is more than just encouraging for the Arab world given that it shows the interests of the West in the region.