15th Jan, 2008

Plaxo And Facebook Merger Rumors False (So Far)

Techcrunch
Michael Arrington
January 14 2008

facebook_plaxo.pngWe know Plaxo is for sale, presumably looking for north of $100 million and telling people around Silicon Valley that they’ve had an offer for north of $200 million. Revolution Partners, an investment bank, has been pitching them to all the big potential buyers.

There are now more rumors about the acquisition; specifically that Facebook is the buyer. VentureBeat is saying they have a source confirming the deal is “100%” happening. Our sources (and common sense) say its very unlikely any offer has been made, let along accepted, and that Facebook may be just one of many companies taking a look at Plaxo.

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