Submitted by Larry Kubal02.10.2008
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This prediction is closed and has been judged.
UPDATE: While the rumors are still out there, this did not occur by the closing date. The community was correct. -- The Industry Standard
Google will announce plans to acquire Plaxo, the company that stores online business contact details, by March 15th.
Wired recently reported a rumor to this effect, suggesting that Plaxo may accept an offer from Google in the $200 million range.
This is a prediction that the rumor is true, and will be announced publicly on or before March 15, 2008.
Prediction Statistics
| Betting Closes: | Mar 15 2008 | Current Consensus: | 4.11% | Total Bets: | 111 |
| Today's Change: | 0% | ||||
| Life Time High: | 51.25% | ||||
| Life Time Low: | 3.08% |
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There are whispers that Comcast actually bought Plaxo on Feb. 13 for $175 million, not Google. Can anyone confirm this and point to a confirmed source?
Why would Google buy the #2 in this space instead of buying LinkedIn, the much larger and more successful version? It's not like Google to buy the lesser company.
Follow up to this...
http://www.pcworld.com/businesscenter/article/145918/comcast_to_buy_plax...
Whether it secretly happened 3 months ago, it looks like it's happening now. Closing in the next 2 months.
I saw that. I have to say, Comcast snatching up Plaxo seems a strange development indeed, especially at the suggested price, but the rumors I heard back in February appear to have been true or been based on something along those lines.
"Comcast has an exciting vision to bring the social media experience to mainstream consumers." What the heck does that mean, exactly? What is that vision?
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