Thursday, May 15, 2008

Its Complaxtic: Comcast Buys Plaxo to Boost Video Sharing - Bits - Technology - New York Times Blog

More on the Plaxo acquisition (no WSJ subscription required for this one)

In simple terms, Comcast wants to be a sort of Facebook of video sharing. As Mr. Schwartz explained it, if you love an episode of “Lost,” you will eventually be able to use Plaxo’s multi-platform connection technology and Comcast’s video-licensing agreements to share it with your friends. “We can bring you the show,” he said.

Plaxo, based in Mountain View, Calif., had been looking for a buyer since at least January. Comcast was a natural partner since Plaxo was already providing the Philadelphia-based cable giant with software to help integrate its cable TV, phone and Internet services into a common platform.

Its Complaxtic: Comcast Buys Plaxo to Boost Video Sharing - Bits - Technology - New York Times Blog

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