Magnify Is Buying Waywire To Build A Consumer-Facing Video Curation Powerhouse

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http://techcrunch.com – New York-based video startup Magnify is in the process of acquiring Waywire, the company that Cory Booker founded, to build a consumer-facing business around the curation of videos online. The deal, which was reported earlier today by AllThingsD, isn’t quite done yet, but is expected to close early this week. When it closes, it will give Magnify access to a whole bunch of content deals to go after the nascent curation space. Since being founded in 2006, Magnify has been building tools to enable others to collect and share videos on the web. For the most part, it’s made money by off (IT news)