OleOle Buys Blog Site

Los Angeles-based OleOle, which is developing a user generated, social media site focused on soccer, said Monday that it has acquired Arseblog, a site focused on the Arsenal Football Club. Financial terms of the deal were not disclosed. OleOle is a new web site focused on global soccer (football) coverage, and launched Monday. The firm's CEO is Doug Knittle, who was founder of RazorGator. Arseblog is based in Dublin, Ireland, and was started in February of 2002.