Browse the Network: 9rules / Apple Gazette / Blog Herald / Daily Bits / Forever Geek / Performancing
www.instabg.com




Custom Search

Automattic makes a move to social networking with BuddyPress acquisition

wordpress logo Automattic makes a move to social networking with BuddyPress acquisitionAutomatic, the parent company of popular blogging platform WordPress, has acquired WP plug-in series BuddyPress to mark its ambitious move to social networking and perhaps challenge dominance players like MySpace and Facebook.

BuddyPress is a suite of plugins that will completely transform WordPress MU into a fully functional social network platform. Thanks to its $29.5 million funding raised in January 2008, it has gained some flexibility to explore different areas to sustain its continued growth. WordPress founder Matt Mullenweg explains the rationale for this acquisition:

It’s clear that the future is social. Connections are key. WordPress MU is a platform which has shown itself to be able to operate at Internet-scale and with BuddyPress we can make it friendlier. Someday, perhaps, the world will have a truly Free and Open Source alternative to the walled gardens and open-only-in-API platforms that currently dominate our social landscape.

This is an opportune time to partake in the social networking market for niche sites are expected to boom in the years to come.

via ReadWriteWeb

Related posts:

  1. Condo.com launches real estate social networking platform
  2. Cisco to launch a social networking platform
  3. WooMe makes social networking real time
  4. Famster.com launches white-label social networking solution
  5. Social networking applications a $428 million market by 2009

 

Comment with Your Facebook Account

2 people thinks stuff!

  1. Thanks for pointing out the Future: social connection(s), open source social networking platforms and niche networks. Hmm. Perhaps video chat 1:1 will soon pop into this Internet recipe. Thanks. GD.

    By Geoff Video Dodd on March 26, 2008 6:40 am

  2. very great post. thanks very much

    By اخبار on May 26, 2008 12:32 am

What do you think?