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Comcast Goes Social With Plaxo Acquisition
Posted by: snwmark (---.eurotel.cz)
Date: May 15, 2008 01:04PM

CNET NEWS -- May 14 -- Comcast is adding a social dimension to its services through the acquisition of Plaxo, a deal the two companies announced Wednesday afternoon. Terms of the deal were not disclosed, but the purchase price is thought to be in the $150m to $170m range. The acquisition is a big win for Plaxo, whose Pulse social network service, with 1.5 million active monthly users, has been overshadowed by the likes of Facebook and MySpace. It's a smart move by Comcast, which can enhance the user experience across its 14m high-speed Internet subscribers, 3m voice customers, and 24.2m cable subscribers.

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 FUTURE SOCIAL NETWORKING CONFERENCES
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             (Eastern European Market Focus & Mobile/Wireless)
Miami, USA - January 24-25, 2012
             (Global Market Focus)
Los Angeles USA - June 2012
             (Mobile & Enterprise Technologies for Social Networking)
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