Posts tagged with Kosmix

Walmart makes social media acquisition

M&A is back in full-force in the consumer internet space, but this time around, it's not just the usual suspects -- tech companies -- doing the buying.

Case in point: yesterday, Walmart announced that it is buying social media company Kosmix. Founded in 2005, the company, which raised $55m in investment over the years, "filters social media to connect you to content that interests."

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