Socialmedian Acquired By Xing
Socialmedian, a social news start up, has been bought by Xing, the Germany based business social network. Xing is similar to LinkedIn, and is positioned to utilize Socialmedian to provide its professional services to users. Socialmedian will receive about $4 million in cash and stock, with also be paid an earn-out based on performance for up to 2.5… Read More »