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Yahoo! Acquires FutureWorks' Client Xoopit
07.30.2009 – Sunnyvale, Calif. - July 30, 2009 - FutureWorks PR, the social media strategy and PR company, announced that its client, Xoopit, has been acquired by Yahoo! for $20 million. The FutureWorks team first launched Xoopit beta in March 2008, followed by Photos by Xoopit and Yahoo! Photos by Xoopit in December 2008. Resource Links
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Xoopit has emerged as a leader in mail applications, indexing, and content discovery - and is known for bringing the Social Web to the inbox. It finds the pictures, videos, and files buried in webmail's gigabytes of free storage, and allows users to share, comment, and post them to their contacts on other social networks and blogs.
Yahoo! will be integrating both Xoopit's photo sharing applications and content indexing and discovery technology into Yahoo! Mail and other services over the coming months.
"Congratulations to the Xoopit team," said Brian Solis, principal of FutureWorks. "The inbox has essentially been the largest untapped social network in the world. Xoopit socializes email, placing less emphasis on the social graph, and more emphasis on helping people manage their relationships and the content that is important to them."
"Considering Yahoo! Mail is one of the largest repositories of photos on the Web, it will be exciting to watch the synergy between these two companies," Solis continued.
About FutureWorks PR With offices in Silicon Valley and San Francisco, FutureWorks PR partners with market leaders and emerging companies to increase visibility, cultivate markets, amplify conversations, and grow the community of customers.
The agency’s specialty lies in its ability to understand technology and in turn, present market-specific and compelling stories and solutions. FutureWorks combines PR, social media, and grassroots marketing for intelligent, results-driven communications programs that impact the bottom line.
Contact Brian Solis FutureWorks PR 408-720-8228 x101 brian@future-works.com Short URL: http://pitch.pe/20131 About FutureWorks PR FutureWorks PR fuses "best of breed" public relations, social media, and new media marketing. With a client base ranging from emerging start-ups and consumer electronics mfgs, to web apps, enterprise solutions and "blue chip" corporations, FW's objectives are simple - become an integrated partner with our clients; provide aggressive outbound PR support; secure positive coverage on a daily basis and, most importantly, build long-term relationships. No one can beat our value proposition and results.
Contacting FutureWorks PR FutureWorks PR 530 Lakeside Dr. Suite 130 Sunnyvale, CA 94085 408-720-8228 Website: http://www.future-works.com
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