FlipGloss Acquired By Forbes

Santa Monica-based FlipGloss, which develops online photo publishing software for the magazine industry, has been acquired by Forbes. Forbes Media announced the deal Thursday afternoon, but did not disclose any financial terms of the deal. According to Forbes, it will incorporate FlipGloss' technology into, starting with the launch of a feature called "The World's Most Powerful People." FlipGloss was backed by Forbes, which invested in the firm in March of 2008. FlipGloss was founded and headed by Kerry Trainor.