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March 01, 2004
ZeroDegrees acquired by InterActiveCorp
Posted by Stowe Boyd
The news is out that ZeroDegrees has been acquired by Barry Diller's InterActiveCorp, which also owns such marquee Internet brands as Expedia and Match.com.
"Social-networking technology could also become a more central part of customer-relationship-management software, a business where Diller doesn't have a major presence. "This might actually be a fairly shrewd fit," Pombriant says. "It's about adding science to aspects of business that have traditionally been thought of as art.""
Which would line up with the actions of Visible Path and Spoke Software, ZeroDegrees' competitors.
My hunch is that the majority of standalong social networking solutions will be snapped up in the next few months by larger firms or financiers looking to capitalize on the heat being generated in the SNA space and the viral spin that SNA can impart to other stuff it touches.
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