It looks like the local market is heating up even more, with MSNBC.com announcing the acquisition of Chicago-based EveryBlock. MSNBC.com–a joint venture of Microsoft (MSFT) and GE (GE) unit NBC Universal–paid several million dollars for the “hyper-local” information site, which is up and running in 15 cities, including New York, San Francisco, Seattle, Chicago and Boston, sources said.
MSNBC buys EveryBlock
Just a couple of months after AOL bought Patch Media for about $10 million, MSNBC is also going hyper- local.