IndustryComcast Aquires Social Networking Site Plaxo

Comcast Aquires Social Networking Site Plaxo

Plaxo has signed an agreement to be aquired by cable giant Comcast, accoring to a post on the Plaxo blog. The two companies had previously been working together in partnerships, but have now decided that a permanent merger would maximize their efforts.

Those efforts include a unified approach to mashing up tv and social media. For example, one of the goals includes photo sharing across a variety of mediums including mobile, tv and computer.

Plaxo is known for its online address books that have been instrumental for popular social networking sites. The company is dedicated to open source and privacy efforts as well.

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