Notable online startup sales

POSTED: 12:17 PM PDT May 20, 2013    UPDATED: 12:23 PM PDT May 20, 2013 

Yahoo is acquiring popular social media blogging site Tumblr for $1.1 billion, the company announced Monday. Take a look at other notable online startup acquisitions.

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REUTERS

Yahoo raised eyebrows in March 2013 when it acquired news reader Summly from developer Nick D'Aloisio for a reported $30 million. The eyebrow-raising came from D'Aloisio being only 17.

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