We are happy to announce that TechHui has been acquired by Japanese internet powerhouse Joudan K.K. for $10 million dollars. Joudan CEO Saru Usoda had this to say about the deal, which was finalized yesterday, "TechHui will make a fantastic addition to our portfolio of regional niche social networks and blogs." Usoda said Joudan's plans include a redesign, localization to Japanese and the introduction of several custom OpenSocial applications.
TechHui founders Daniel Leuck and his wife Mika Leuck will be relocated to Joudan's headquarters in Jigokudani, Japan.
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