European social networking site Netlog is to become part of a newly established social media company dubbed Massive Media, the company announced yesterday. The Ghent, Belgium-based company says its product portfolio will soon be expanded to new markets but declined to disclose any further information on future projects at this point. Co-founder and CEO Lorenz Bogaert did reveal that the company recently hired 25 new employees to work on new endeavors inside Massive Media.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/aIHW53LRobY/
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