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It’s been made official: thePlatform has been acquired

I’m really pleased to report that thePlatform has been purchased by Comcast. The deal was made public today that thePlatform will stay as an independent unit within Comcast Interactive. Rafat Ali of the popular PaidContent.org was among the first to get the news via a highly controlled distribution of information from Comcast and thePlatform which did not include the actual price. In fact, very, very few knew the actual purchase price and I do not believe that Rafat’s sources are among that group. While it was suggested in that post that thePlatform was sold at an amount that was not most beneficial to investors the reality is that the real figure will not be published but significant shareholders are going to be extremely pleased with the actual purchase amount. thePlatform has a long history and I’m also glad early investors that are related to this deal will be getting some pleasant news that they weren’t expecting.

But, the main thing is that I’m very proud of my wife Tricia who worked hard over the years to bring the customers to the table. I’m also very impressed with the management team at thePlatform who I’ve gotten to know over the years. They are one of the most impressive teams in Seattle…soft-spoken but amazing talent that surely must be one of the best technology teams out there. I’d love to work with any of them again but for now, Comcast has acquired an amazing team of people.

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