Walt Disney acquires FB-like site, Togetherville

California, Feb 26: The Walt Disney Company has acquired Togetherville, a Facebook like social networking platform for children below 13 years. The financial terms of the deal have not been revealed yet.

The Indian-origin entrepreneur Mandeep Singh Dhillon founded Togetherville in 2008 and released the public beta version on May 19, 2010. Togetherville is a social online community for families where parents create safe online neighborhoods for their kids to play and connect with the real-life friends and family they already know and trust.

Togetherville mimics adult social networks in a kid-appropriate way. Each neighborhood is built around each specific child and remains closed to outsiders. Kids have their own profile pages, complete with their photos. Profile pages of the children are closed to outsiders, unless they are approved by the parents.

Earlier in Jul 2010, Disney bought social gaming company, Playdom, for $563 million and another mobile music game company ,Tapulous. The company plans to invest more in social and mobile companies.

OneIndia News