Shouldn't we reserve the "congratulations" until more info is provided about the terms (price) of the deal.EG- Pownce.com wasn't congratulated for being acquired.
Pownce was floundering because Twitter basically made them irrelevant. Flightcaster hasn't been around all that long and seemed to be doing fine. It's pretty unlikely that they sold for a price that they're unhappy with.
Not clear what the real situation was and it may be difficult to determine for a while. They clearly abandoned their initial business and business model completely, no shame in that, but this may just be a talent acquisition.