Social commerce network Lockerz has acquired photo sharing app Plixi (which was formerly known as TweetPhoto), we've learned exclusively. Terms of the deal were not disclosed but we hear that the acquisition price was between $10 million and $15 million. UPDATE: While Business Insider claims that the deal was $5 million, we have two separate sources confirming our range, and we stand by reported the purchase price. Plixi is an enormously popular social photo sharing application that serves more than 1 billion photos monthly. The startup rebranded from "Tweetphoto" last year, as the photo sharing network expanded beyond Twitter to other platforms like Facebook and MySpace and added location-based check-in features. While Plixi offers a standalone web and iPhone app, more than 300 developers have integrated Plixi?s photo sharing technology, including Seesmic, TweetDeck and others and the startup handles more than 67 million API requests daily. 
Source: http://feedproxy.google.com/~r/Techcrunch/~3/9LYVK9AsFHk/
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