Holy Zhit! Looks like Zillow had that IPO money burning a hole in their pocket! I hinted about this deal last month via Twitter but decided not to publish since I didn’t have a second confirmation.
$7.8 million in cash and stock, nice.
Big congrats to Justin! Big question, how will MLS providers react to this deal?
http://www.zillow.com/blog/2011-11-02/zillow-acquires-diverse-solutions/
UPDATED: Wurzer has some good perceptive on this deal: FBS Blog