Is Revolution Health showing signs of recovery? The health information site, launched by AOL founder Steve Case, seemed on its deathbed after laying off 60 earlier this fall. Now a tipster alerts us to two acquisitions Revolution Health will announce later this week. We're not sure if that's a sign of new life, or an acknowledgement that past startup buys have disappointed.
Our source tells us Revolution Health will acquire fitness planning Web site SparkPeople and either acquire or settle for a majority investment in HealthTalk, another health information site. No prices disclosed yet. By acquiring two presumably successful businesses, Revolution Health returns to the only strategy that's worked for the company so far. When the company reorganized earlier this fall, a tipster told us the only revenue generator the company had was its CarePages unit, a community website it acquired.