JibJab Buys Make Believe Studios

Los Angeles-based JibJab, the online greeting card company led by Evan and Gregg Spiridellis, has acquired Make Believe Studios, which runs a service called Hello Santa, which lets kids have live video calls with Santa Claus. Financial terms of the buy were not disclosed. Hello Santa's service---which runs only during the Christmas holiday--features Santa Claus talking with children via the Internet.