Q&A platform Answers.com has been acquired by AFCV Holdings, a portfolio company of Summit Partners, for $127 million in cash or $10.50 per share. AFCV will be delisting Answers, which was a public company, from the NASDAQ and taking the company private. Answers operates a community-generated Q&A site at Answers.com (which had 5.5 million registered members in November) and recently hit its 10 millionth answer and launched an iPhone app, a free fast-paced trivia game dubbed blufr. And the company also began including video answers courtesy of AOL-acquired video network 5min. 
Source: http://feedproxy.google.com/~r/Techcrunch/~3/xeSfHBZD7BE/
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