Comcast Buys Plaxo For Social Media: Google & Cisco Pass
By Daya Baran at May 14, 2008 2 Comments Plaxo today announced that they have just signed an agreement to be acquired by Comcast. Details of the price were not disclosed but it is rumored to be in the $140 - $175 million range.
The company blog says “Plaxo Pulse is to become central to creating a unified “Social Media” experience across the web and television”. Not sure what exactly that means for Comcast? Given that 75% of Plaxo’s users are business users. I am surprised that Plaxo was not acquired by Google or Cisco.
Google More»
Labels: cisco, Plaxo, ram shriram
RSS


