Plaxo\'s Buyer - Not Facebook, Not Google. Likely Comcast

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Plaxo\'s Buyer - Not Facebook, Not Google. Likely Comcast

Postby snwmark » Thu Feb 14, 2008 6:16 pm

TECH
CRUNCH -- Feb 13 -- Plaxo finally got bought. Valleywag is saying that
Comcast is the buyer, for $175m. Comcast is getting a bit of a
reputation as the guys who\'ll look at any deal, and don\'t quibble much
on price. If no one else will take you, there\'s always Comcast. Plaxo
did around $5 million in 2006 revenue, doubling that to $10-$12 million
in 2007. 2008 projections are $20-$25 million. The company has 1.8
million worldwide visitors per month (Comscore). MORE NEWS @ SOCIAL NETWORKING WATCH

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