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