paidContent is reporting that Watertown, MA based Cymfony, a market research and intelligence business founded in 1996, is being sold to UK based research giant Taylor Nelson Sofres for an undisclosed amount.  The company has spent the past few years positioning itself in the web 2.0 world or, as they put it ”at the intersection of consumer-generated and traditional media” providing media monitoring covering both traditional and new media for the business market.

Cambridge based TopTenSources acquires Watertown based social shopping site Style Feeder according to TechCrunch. No details of the acquisition have been released (maybe in a morning release).

TopTenSources is a human edited best of the blogs on various topics. Style Feeder is a social shopping site where users can create a “wish list” of items from around the web and search the lists of other users.

It might seem to be a strange couple on the surface, however the social shopping concept is an excellent one. Good luck to the 2 local web apps. More details to follow.
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