It´s a deal! We’ve just announced the purchase of NY-based socialmedian Inc., a leading innovator in the online news industry. For XING it´s a huge technological jump as it enables the integration of business news into our network.
Why do we think that socialmedian is a perfect fit for XING? Here´s why: In business success depends on access to the right information at the right time. Both the speed of information and the sheer volume of data have increased rapidly due to the rise of the internet. Traditional media companies, social media such as blogs, tweets, videos and other user-generated websites now provide daily news, leading to a veritable flood of information. The consequence: Time-strapped professionals are forced to parse through numerous news sources for relevant information and sort, organize, and share stories on their own.
Jason Goldberg, new VP XING Applications Platform
Thanks to socialmedian you can save the little time you have. Socialmedian gathers information from about 19,000 sources, including social media services such as Digg, Delicious, Twitter, Flickr, YouTube, Google Reader and many, many more. Socialmedian then filters your news through your social networking contacts. That means you get the news you´re looking for, the news that fit your interests and your passions. And it doesn´t stop there: Due to it´s intelligent custom filter technology socialmedian isn´t just for the individual member. Just think of all the ways it can help boost business for your groups, your events as well as for the company you work for.
On top of this great news Jason Goldberg, socialmedian´s founder and CEO, is going to join us at our headquarters in Hamburg. Jason is a pioneer in the Internet business, he founded the career development website Jobster in 2004 and headed the company as CEO. Now in his new role of VP XING Applications Platform Jason will be responsible for managing global partnerships for application developers and content providers to connect with our XING network.
We cannot wait for Jason to join our team and see how the innovative socialmedian technology becomes an integral part of XING! A big thanks to the deal team: Burkhard, Jackson, Johannes & Julian and everybody else who supported in this process.
XING´s official twitter account
Trackback URL:
http://blog.xing.com/2008/12/a-natural-fit-socialmedian-joins-xing/trackback/
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Leave a comment
Great. The acquisition makes sense and I think it is a clever move to enhance the Xing experience and add more value to the network.
I love Xing because it has a clear focus and a pretty intuitive and clean interface. I just hope that the Xing interface won’t be too cluttered after the integration…
That’s great news - well done to all concerned - Social Median is a fantastic tool, and integrating it into Xing can only make Xing even better!
Congratulations Xing!
Jason Goldberg: Welcome to Europe. Remember to go and see a soccer match. AOL Arena has a great atmosphere and HSV have some of the most enthusiastic fans.
http://www.thebetanews.com/socialmedian-purchased-by-xing/
Great marriage! There’s a high quality and innovation compatibility / similarity that’s incredible. Looking forward to watching it progress
Congratulations! This sounds very promising and I’m really looking forward to see how things will turn out. Now I’m going to wear my socialmedian t-shirt with even more proud. =)
Another very smart move, congratulations, Lars, you keep surprising us!
CONGRATULATIONS GUYS- to the both parts!
Italy is waiting for the official opening of Xing office (in Jan/09, right?)!
regards, Andrey Golub
http://www.milanin.com/members/andrey.golub/
community plus content, what a great merger. Most publishers tried this and lost profit, Xing will generate new one. I belive in this deal!
That’s great news!
Brillant move, congratulations.
good choice xing… i like this product
Can’t wait to get these features from social median here
I can’t log in and need to contact the company. The automatic system to write for help says my e-mail address is invalid and it won’t send my help message, but my e-mail address is correct. Does anyone have an e-mail address where I can write someone at Xing for help? Thanks, Tim S.