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Microsoft buys online shopper Jellyfish.com.

The Wisconsin State Journal (Madison, WI)

| October 02, 2007 | COPYRIGHT 2007 The Wisconsin State Journal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Judy Newman

Oct. 2--Jellyfish.com, a Middleton online discount shopping site that went live just over a year ago, has been purchased by Microsoft Corp.

The purchase took effect Thursday, but the price is not being disclosed, Jellyfish.com chief executive officer Brian Wiegand said Monday. A formal announcement of the sale is expected today, he said.

Under terms of the deal, Jellyfish.com will keep its identity even as it functions as part of Microsoft, which is based in Redmond, Wash.

The 26 Jellyfish employees, including co-founders Wiegand and Mark McGuire, will stay at 1600 Aspen Commons.

"Everyone here is excited, " …

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Source: HighBeam Research, Microsoft buys online shopper Jellyfish.com.

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