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Friday, Mar 29, 2024

United Online Buys Opobox

United Online, Inc. announced Monday its acquisition of a social networking service with over 20 million registered users. The $10 million purchase of Opobox, Inc. by United Online subsidiary Classmates Online furthers the company’s mission of connecting people worldwide, officials said. “We believe the acquisition will complement and help us grow our Classmates.com service while potentially providing a cost efficient distribution channel to market United Online’s broad family of services, including Internet telephony, web-hosting and Interne access,” said United Online President and Chief Executive Officer Mark R. Goldston. Opobox’s namesdatabase.com acts as an intermediary between its members, who can send messages through the site to each other. Namesdatabase.com has 20 million members worldwide and 50,000 paid subscribers. Woodland Hills-based United Online is a leading provider of consumer Internet subscription services.

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