DIY social network platform GROU.PS has just announced that it has acquired Social Project from MTV Networks. As part of the deal, GROU.PS will only be acquiring Social Project's company and its users; and MTV will continue to own Social Project's Flux social media publishing technology. Financial terms of the deal were not disclosed. Similar to GROU.PS, Social Project let users create and customize profile pages and networks containing images, video and text. Social Project started life as Tagworld, before partnering with Viacom to add social media features to its sites. MTV subsequently bought the platform in 2008.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/sObFzJ6j0CA/
No comments:
Post a Comment