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This article was published on March 27, 2014

    It’s official! Klout has been acquired by Lithium Technologies

    It’s official! Klout has been acquired by Lithium Technologies Image by: PATRICK LIN
    Nick Summers
    Story by

    Nick Summers

    Nick Summers is a technology journalist for The Next Web. He writes on all sorts of topics, although he has a passion for gadgets, apps and Nick Summers is a technology journalist for The Next Web. He writes on all sorts of topics, although he has a passion for gadgets, apps and video games in particular. You can reach him on Twitter, circle him on Google+ and connect with him on LinkedIn.

    As Recode foretold back in February, Klout is being acquired by the social marketing company Lithium Technologies. The terms of the deal were not disclosed, although yesterday Fortune reported the price was around $200 million.

    In a blog post, Klout co-founder Joe Fernandez said Lithium was the right partner for its influence-focused platform. “I want you to know that our mission has not changed — Lithium shares our passion for empowering every person to understand and maximize their impact online,” he said.

    “Klout will continue helping people be great online. You will still be able to get insights about your social media performance, find new content to share, and be rewarded with Perks on both Klout.com and our mobile app.”

    Klout (via TechCrunch)

    Image Credit: PATRICK LIN/AFP/Getty Images