« Spain's Polymita Hoping For Enterprise Web 2.0 | Main | Dohop = Travel Search +660 Airlines - Focus on Price + Reykjavik Cool »
May 02, 2006
Hungarian Social Networking Site Acquired By Telco
Magyar Telekom's T-Online subsidiary has acquired iWiW, a Hungarian online social network, for €4M. Founded in 2002, the sites membership is by invitation-only. In October 2005, the site was revamped under the name of iWiW (abbreviation for International Who is Who) and became available in 16 languages, featuring several new services. Currently, it has more than half a million registered members.
According to Wikipedia, iWiiWs creator received a state honour last October for developing the site.
Read - T-Online gains control of iWiW
Posted on May 2, 2006 03:40 PM | Posted to Web 2.0 | Permalink
Trackback Pings
TrackBack URL for this entry:
http://www.thealarmclock.com/mt/mt-tb.cgi/1024
