3BILL, the mobile division of Symbios Group, has acquired social network platform Faces.com.

The acquisition includes all of the assets owned by the company, transfer of its domain faces.com, user base and the intellectual property operating the platform. Financial terms of the agreement were not disclosed.

Faces.com offers social networking with a focus on music, blogging and photos. The site is designed to allow members to view each others profiles, communicate with old friends and meet new acquaintances. Users can share photos, blog, display classified advertisements and express their interests via their own bespoke faces.com page.

Originally posted on March 11, 2008 @ 7:52 am

Mzinga, the leading provider of social media solutions for corporations and other enterprises, has acquired Prospero, the leader in customer community solutions, to establish itself as the leader in business social media.

The combined power of Mzinga and Prospero result to more than $30 million in revenues, 27 million unique users in more than 160 countries, and a billion page requests each month.

“With its experience in both corporate learning and business-driven social media, Mzinga is in a unique position to fill this need for the corporate buyer. The Prospero acquisition greatly improves Mzinga’s position by providing well architected, proven social media technology which can rapidly be integrated into existing talent management solutions,” said Josh Bersin, CEO of Bersin & Associates, in a press release.

This deal will give Mzinga a strong entry to Prospero’s esteemed clients in entertainment, media and publishing sector such as ESPN, Hallmark, BusinessWeek, Amazon.com, Major League Baseball and every major TV network in the US.

Via ReadWriteWeb

Originally posted on March 3, 2008 @ 1:40 pm

3BILL has acquired Profile Heaven, a UK social networking platform aimed at 15-24-year-olds. The company has not disclosed terms of the purchase for the winner of 2006 UK Website of the Year – Best Community Site.

3BILL believes that the acquisition of Profile Heaven will benefit users of the site, allowing them to stay connected to their friends through a range of new free applications and services that are planned as part of a re-development of the site. These services will make it easier to keep in touch, where in some instances, members might want to surf the web using a mobile when they do not have access to a personal computer on the move.

The site will be extensively improved over the coming months with a re-launch planned for early this summer. This will include a wide range of previously unseen web and mobile applications specifically tailored to deliver an extremely rich web and mobile experience to the site’s well-established and fast growing community.

3BILL will also re-brand the site, the current community playing a key role as a creative resource for new ideas and features soon to be announced.

Originally posted on March 1, 2008 @ 4:37 pm