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Viadeo acquires ICTNet to compete against Xing

LinkedIn 'clone' Viadeo has acquired Spains ICTnet, a business-oriented community site listing 55 different business communities, for a price estimated at €3m. The deal gives Viadeo around 300,000 new Spanish users.

Michelle Wong, 17 July 2008

Business Social Network player Viadeo raises €5m

Viadeo, a European social network for business contacts has raised a further €5 million in funding from its existing investors, AGF Private Equity and Ventech. The company, which is similar in idea and execution to LinkedIn, plans to use the money to expand its offering into Asia. More »

Simon Fox, 03 September 2007

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