3BILL Acquires Social Network - Faces.com
3BILL, the mobile division of Symbios Group, has confirmed today that it has acquired leading social network platform - http://www.faces.com
The acquisition includes all of the assets owned by the company, transfer of the lucrative domain http://www.faces.com, user base and the intellectual property operating the platform. Financial terms of the agreement were not disclosed.
Originally launched in 2004, http://www.faces.com had raised millions of dollars in funding to develop the its platform, which comes packed with utilisable widgets such as TuneFeed, a Flash-based player which can be used on external sites such as MySpace.
What we think?
Well I have never heard of 3Bill or Faces.com - have you?
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