SAN FRANCISCO, CA--(Marketwire - Apr 20, 2011) - Tagged the leading social network for meeting new people, today announced the acquisition of Digsby, the Rochester based start-up best known for its innovative social networking and multi-protocol IM client. As a strategic aspect of the acquisition, all Digsby employees will join Tagged at their offices in San Francisco, California.
"The Digsby team shares our strong passion and creative vision for helping people connect online and that was a key component of this acquisition," said Tagged's CEO Greg Tseng. "We're looking forward to immediately incorporating the talented Digsby team into Tagged. In the coming months we'll be revealing more about Digsby's technology and new strategic benefits for Tagged users. For now the Digsby faithful can rest assured they can keep using Digsby's client as usual."
Digsby was founded by a team of Rochester Institute of Technology graduates with offices located in RIT's Venture Creations incubator. Since launching in 2008, Digsby has been the leader in bringing support for all major IM and social network protocols under one easy-to-use application.
"We're excited to join the Tagged team and significantly expand our capability to help people share and meet online," said Digsby CEO, Steve Shapiro. "We're eager to bring our expertise in real time communication to Tagged's 100 million registered members around the world."
Financial terms of the acquisition were not disclosed.
Tagged is the leading social network for meeting new people. While other offerings focus on existing relationships, Tagged has established the category of social discovery. With over 100 million members in 220 countries Tagged enables anyone to meet and socialize with new people through social games, customized profiles, virtual gifts, advanced browsing features and more. Tagged is based in San Francisco. More information is available at http://about-tagged.com/.