We're hearing rumors that online contact management service Plaxo has accepted a sub-$200 million offer and that the purchasing company is most likely search engine Google.
Plaxo has been in the news recently, reportedly hiring a bank to shepherd a sale. A representative for Plaxo declined to confirm or deny the deal, saying that the company has a policy of not commenting on M&A rumors.
Got any details? Let us know in the comments, or by email megan_mccarthy@wired.com.
Plaxo was founded in 2001 by Stanford classmates Cameron Ring and Todd Masonis along with Napster cofounder and Facebook founding president Sean Parker. It is backed by Sequoia Capital, Cisco Systems, Globespan Capital Partners, DAG Ventures, and Harbinger Venture Management.
Plaxo board members Ram Shriram and Michael Moritz were among the original board members of Google. Shriram still serves on Google's board while Moritz stepped down from Google's board last March.
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