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End of the Road for Xmarks [blog.xmarks.com]
By Spring 2010, with money running tight and options fading, we started searching for potential buyers of the company. Over the past three months, we have been remarkably close to striking a deal, only to have the potential buyer get cold feet. We also considered refocusing Xmarks as a freemium sync business, but the prospects there are grim too: with the emergence of competent sync features built in to Mozilla Firefox and Google Chrome, itâ€™s hard to see users paying for a service that they can now get for free.
October 7, 2010
The past ten days have been an amazing lesson in the power of community. Not in the “web 2.0 social graph” sense – I’m talking about old school community with users speaking up, speaking out and banding together. Thank you Xmarks users. You told the world it was simply unacceptable for our service to shut down and it worked. Thanks to your passion, Xmarks now has multiple offers from companies ready and willing to take over the service and keep making browser sync better and better!
This is not a signed, sealed done deal yet. But with multiple offers on the table we’re pretty confident that Xmarks will continue on with no service interruption....
NOTE: Xmarks lives, thanks to our users! Learn more at http://blog.xmarks.com