CNN in negotiations to buy the iPad Zite App?

Jordan Crook studied English literature at the University of New York before entering the tech space. Prior to joining TechCrunch Crook dabbled in mobile marketing and mobile apps, as well as doing reviews of devices for MobileMarketer and MobileBurn. Kruk, fascinated with the production of alternative sources of energy and greentech. It is currently for CrunchGear writer. ? Read More

Flipboard-esque magazine style aggregation apps are all the rage right now. Flipboard obviously has been nailed and pulse is a good alternative. But one app aggregation seems to have caught the attention of the news publication the big name-Zite.

Now the same company that was once a mailbox full notice to cease and desist from awful publications like the Washington Post and AP are headed to big winnings. According to Canadian news site Techvibes, Zite is negotiating with CNN to sell the company for somewhere between $ 20 million and $ 25 million.

Unfortunately there isn't a lot, we heard about the deal, and both companies did not crack. If it passes, it will certainly be an important event in the life of Zite. The company deals with a few hiccups in the last few years: at the outset, the transition from Worio, the new CEO at Mark Johnson and, of course, mass repressions of unhappy news sites over Zite in user interface. 25 million dollar deal with CNN should do these bumps and bruises.

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