Whilst reading the posts of CenterNetworks I came across this little diddy by Matt Harwood talking about media companies investing in web applications/services. His point was that these types of buyouts are needed as there are only a few large Internet properties that “do” this sort of thing. My previous post on Amazon and how nobody mentions them when talking about “serious online’ players is distinctly demonstrated in Mat”s article below as he lists … well I’ll let you read it.
I’m not picking on Matt, and his point is very valid. I think we all applaud investment in online business’s by every industry. In fact that’s pretty much what I do for a living now 
|
Web 2.0 Services Being Bought by Media Companies?
|
Posted by Matt Harwood, August 8, 2007 |
|
On the face of it, straight away, you can see both Kaboodle and Clipmarks are not media outlets. They are not press, or blogs, or magazines. Hearst, and Forbes, deal in these areas – and it seems very interesting to me that they would take an interest in something out of their usual line of business. Maybe they are worried that new media is going to trump them. Maybe.
|
|
If I may, I’d like to explain why I believe these types of deals and acquisitions are 100% necessary for the web to progress on its current path. In tech today, we only really have a handful of big tech companies that can instantly come to mind as targets to buy. These are namely Google, Yahoo, Apple, Microsoft, IBM (maybe).
|
|
|
Leave a Reply
You must be logged in to post a comment.
Josiah Cole is a professional web designer and developer with over 11 years of experience helping small businesses succeed online. With expertise gained not only in web technology but also business, Josiah shares his insights (and rants) with his visitors at this blog.