Social Media Newsfeed: LinkedIn Buys Bizo | Prince Harry Hates Twitter
LinkedIn is purchasing business-to-business marketing platform Bizo for $175 million. Prince Harry says he hates Twitter. These stories, and more, in today's Morning Social Media Newsfeed.
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LinkedIn Acquires Marketing Platform Bizo for $175 Million (SocialTimes)
LinkedIn announced Tuesday that it is acquiring B2B marketing platform Bizo for $175 million. Bizo uses data and targeting technology for multi-channel marketing programs and counts AMEX, Microsoft and AT&T among its clients. TechCrunch Bizo offers targeting and analytics for display and direct response ads. At the beginning of 2013, the company told TechCrunch that it brought in $22 million in revenue during the previous year.
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