According to Chicago Sun Times, two-year-old Particiapte Media, maker of Buzz Tracker (which is still in Beta), has been acquired by Yahoo for an undisclosed sum.
The price for is rumored to be five million dollars.
Buzz Tracker aggregates news, blog postings and other forms of Internet-based content from more than 90,000 sources.
Buzz Tracker’s Alan Warms, 41, was named general manager of Yahoo! News and will relocate from Chicago to Santa Monica.
“They are the biggest player in news,” said Warms. “If you have the chance to join the New York Yankees you have to do it.”