Aol (which is my employer, somehow) has picked up local photosharing app Hipster for an amount in the low seven figures, we're hearing. ?The Hipster team of five will be working for the Aol mobile team out of Palo Alto, under badass Sol Lipman. CEO Doug Ludlow confirmed the acquisition to us in an email, saying he will serve as director of mobile product management, a job that will involve, in part, being an evangelist for Aol's mobile efforts to other mobile teams and startups.Source: http://feedproxy.google.com/~r/Techcrunch/~3/mf8-tEFHAqQ/
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