Rumor: Google To Acquire Plaxo
February 8, 2008Wired says that Google is rumored to be buying Plaxo for roughly $200 million. The company was founded in 2001 as a tool to manage contacts and users' email address books ("your address book for life"). Its aggressive customer acquisition strategy (read: spam) alienated many would-be users. Plaxo has been more restrained in the recent past and has tried to reinvent itself as a social network with the launch of Pulse last summer.
Source
http://searchengineland.com/080208-074925.php
Related companies
Back to Headlines
Get Outsell's Information Industry Headlines delivered via e-mail
You can sign up for e-mail delivery of our information industry headlines.
We offer both a daily summary of headlines and a weekly roll up of all our headlines
Have information industry news we should know about?
E-mail us your news item,
or submit your news item using our form Headline Suggestions
