Social News Startup Socialmedian Acquired By Germany’s Biz Socal Net Xing For $4 Million And Earnout
Dec 19, 2008 4:09 AM
A very quick exit for a service just launched: Socialmedian, the New York City-based social news service launched by former Jobster CEO Jason Goldberg, has been acquired by Xing, the Germany-headquartered European business social network. The purchase price was about $4 million in cash and stock (Xing is publicly traded…
Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Countries, Europe, Germany, socialmedian, xing
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