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Terms of the transaction were not disclosed, but TechCrunch cites a source who puts the purchase price at $35 million. The entire Wufoo team will be relocating to Palo Alto and become assimilated inside the SurveyMonkey organization.
"Wufoo is the market leader in online form creation and a perfect fit for SurveyMonkey," SurveyMonkey Dave Goldberg says of the acquisition.
"You can actually expect it to be business as usual after today," a Wufoo blog post on the news reads. "Just to be clear -- SurveyMonkey is not interested in dismantling what we’ve built. Quite the contrary, actually. They want to nurture it and spread it as far and wide as possible."