Wednesday, May 14, 2008

Comcast wants to taste social web, grabs plaxo

Yes, Comcast the largest U.S cable company acquired Plaxo for a Rumored $150 to $170 million dollars. I’m a little confused here. Something doesn’t seem right here. Both these companies have history of issues handling consumers. What in the hell is a cable company gone do with an address book aggregator. I hope Comcast doesn’t spam all these email addresses with their product offering. I guess its time for me delete plaxo account. It’s not an out of the blue acquisition, Plaxo and Comcast have been working together for the past year. Look’s like plaxo is powering the universal address book for Comcast SmartZone communication center, which is slated to be launched later this year.

Here is what Plaxo has to say about the acquisition

Together, we intend to deliver on a vision of making “social media” a natural part of the lives of regular people, not just early-adopters. For example, you should be able to securely post family photos online in Pulse, and have them viewable by any of your family members, whether they are online, at work, on their mobile device, or in their living room watching TV. And you should be able to discover new shows to watch, based on what your friends and coworkers have recommended.

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