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Notable online startup sales

Published: May 20 2013 03:17:16 PM EDT   Updated On: May 20 2013 03:23:35 PM EDT

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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Yahoo is acquiring popular social media blogging site Tumblr for $1.1 billion, the company announced Monday. That has Tumblr enthusiasts worried about possible changes to the site, but CEO Marisa Mayer promised Tumblr will operate independently and Yahoo won’t "screw it up." Take a look at other notable online startup acquisitions.

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