Comcast to buy social network company Plaxo - Philadelphia Business Journal:Plaxo Inc., which operates an online address book and a social network called Pulse, said Wednesday it has agreed to be acquired by Comcast Interactive Media for an undisclosed sum.
The company, which employs 50, will operate as an independent unit and remain based in Mountain View, Calif.
Comcast Interactive Media is the Internet business unit of Comcast Corp. (NASDAQ:CMSCA,CMCSK), the Philadelphia-based cable-television, Internet, phone and media company.
Plaxo said it already hosts the online address books of Comcast Web mail users and will work with Comcast to bring social networking capabilities to the portal Comcast operates for its high-speed Internet customers, and to such Comcast Interactive Media properties as Fancast and Fandango, and TV sets.
Thursday, May 15, 2008
Comcast to buy social network company Plaxo - Philadelphia Business Journal:
Blogged with the Flock Browser
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment