Wednesday, June 4, 2008

Whitepages.com Buys Snapvine.com For Voice Apps

WhitePages.com, the online directory service, is acquiring Snapvine.com, a provider of voice services for social networks. WhitePages intends to integrate SnapVine’s voice services into its own product, and it anticipates new services including private voicemail and SMS services for the sites users. Perhaps the integration may provide a lesson for eBay/Skype, which had pretty similar sounding vision.
http://www.paidcontent.org/entry/419-whitepagescom-buys-snapvinecom-for-voice-apps/

http://www.techcrunch.com/2008/06/04/whitepagescom-to-buy-snapvine-for-around-20-million/

1 comment:

Tom OKeefe said...

WhitePages.com is believed to be very profitable with $70 million yearly revenues with 12 million monthly visitors. Enter those numbers in the Bizak Calculator and you get an estimate of almost $280 million with an EPV of $0.49. Plenty of capital to purchase Snapvine and others.