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 Falcon Global Acquisitions Acquires Assets of Defunct Social Media Network- Falcon Global Acquisitions Acquires Assets of Defunct Social Media Network
- December 01, 2016
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This acquisition gives FGA an entry point into the social networking arena and allows for further integration into future FGA acquisitions in technology.
Falcon Global Acquisitions LLC ("FGA") announced today that it has acquired the assets of defunct social media company Megahoot. The social media company raised seed capital of $1.5MM and established a networking platform that allowed users to interact both on the network and on other social media networks. Although the network has been taken offline for a period of time, at its height it had well over 6 million active users and growing, but due to unforeseen circumstances and lack of capital in...
- View more at: http://www.1888pressrelease.com/falcon-global-acquisitions-acquires-assets-of-defunct-social-pr-602895.html
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