Corporate social networking site Mzinga buys Prospero

Corporate social networking site Mzinga buys Prospero

Workplace social networking company Mzinga has raised a hefty $32.5 million, and used some of that money to purchase a similar company called Prospero Technologies. Until now, Mzinga has focused on in-company social networks, but the acquisition should allow it to create similar offerings on the customer side, which is Prospero’s specialty.

The big gain for Mzinga appears to be Prospero’s social media technology, which allows companies to interact with their customers through social networking, advertising,… Continue Reading