Classmates.com’s International Expansion

Missed this one last week: Classmates.com is going in for an international expansion spree…after buying out Germany’s StayFriends in March, it has bought out Swedish community site Klasstraffen.com. Terms of the deal were not disclosed.

Bizjournals: “Right now, we’re focused on Europe and building critical mass there,” said Classmates president and CEO, Michael Smith. “We want to establish ourselves as the No. 1 site in Europe.”

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