Grouper Networks enables its members to watch, share and create video on the Web
Grouper Networks enables its members to watch, share and create video on the Web, desktop and connected devices and continues to be the leading innovator in the user-generated video space. Members can browse videos on Grouper.com and post them to a wide variety of third party Web sites directly from Grouper. With one-click, members can add video to their personal pages on MySpace, Blogger, Friendster and Wordpress or download to their desktops, iPod and Sony PSP.
Sony Pictures is announcing the acquisition of online video startup Grouper tonight, Tuesday, at midnight EST. The acquisition price, confirmed by Grouper, was $65 million in cash.

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