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Wheel Video Acquired By Tinder

Mobile video sharing app firm, Wheel, which was founded in Austin at SXSW, but since moved to Los Angeles, has been acquired by dating app developer Tinder. Financial terms of the acquisition were not disclosed. Wheel was founded as Ferris in 2012, and was led by CEO Paul Boukadakis, after he met his cofounders at SXSW.