TechCrunch is confirming a $100M term sheet between Google and Chicago based Feedburner, backed by Chicago based DFJ Portage. If this deal goes through, it will make Feedburner the biggest Chicago tech success in recent years…possibly the biggest since Orbitz? Also, assuming Feedburner stays where they are, it will make Chicago a significant non-Mountainview engineering location for Google.
Either way, Feedburner is great. I “burn my feeds” with them for this site and use their site to monitor my blog traffic. I’m a bit doubtful that Google will make $100M in feed based advertising from them, but history has shown that they don’t seem to care about such things.
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