Comcast acquires Plaxo
Today Comcast announced they’ll acquire Plaxo for somewhere between $150 and $170 million. A bargain by facebook valuation standards but would you really want to own a company best known for spamming all your friends the second you join? On the other hand it almost makes sense. Two of the most hated companies in media join forces in the only market they’ll ever be able to compete with the big boys in evil world domination. Michael Arrington posted a surprisingly expository analysis on TechCrunch.
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