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Video - Tuesday, June 27, 2006

Comcast Buys The Platform For Up To $80M

the platform logo.gif Comcast buys rich media services firm The Platform. Seattle-based The Platform had raised $8M from Spark Capital., Viridian Capital and Generation Partners. It is a rich media management service that powers ABCnews.com, CNBC.com, and CourtTV and well as a Comcast site.

platform screengrab.png

CEO Ian Blaine previously founded online personal information management company, Uniplanet, which he sold to NBCi in 1999.

Read - Comcast Buys Digital Media Services Firm ThePlatform (PaidContent)

What is the world coming to? One blogger speculates that the price is $70-$80 million and the next one publishes it as fact as a headline?

That WAS NOT THE PRICE.

The actual price is much better for investors than Rafat speculates and by speculation I specifically mean "hearsay".

Posted by: Kelly E. Smith at June 28, 2006 12:36 AM

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