Microsoft and Xobni

Microsoft and Xobni

TechCrunch reports that Microsoft/Xobni deal is moving forward and that the two companies signed an acquisition LOI some time last week. The price hasn’t been finalized yet but a previous offer of sub-$20 million was supposedly rejected by Xobni.

Bill Gates has publicly complimented the service, calling it “the next generation of social networking.”

Xobni, which launched at the TechCrunch40 conference last year, offers a simple outlook plugin for Windows users that significantly improves the desktop email experience of a user. They recently hired notable Yahoo’er Jeff Bonforte as CEO.

Microsoft and Xobni

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Posted on Monday, April 21st, 2008 at 4:34 pm by SEO Company.
Filed under News.
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