In what looks to be a possible acquisition of some sort, Wordpress plug-in series BuddyPress is now under the Automattic umbrella. BuddyPress' main man Andy Pealting has written on his blog that he's now working for Automattic, and is currently moving the BuddyPress site over to them.
BuddyPress is a series of plug-ins that allows you to turn a Wordpress MU instillation into a fully functional social network. As Automattic has indicated that it would like to move into the realm of social networking from a platform perspective, it makes sense that it would look to a tool like BuddyPress, which has received praise across the web as a useful and easily implemented tool.
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As we've seen with Prologue, Automattic is making some important changes in the landscape of its company's future, in part thanks to its recent funding. I think it's especially important for Automattic to explore these avenues, and it appears to be doing so in a way that still allows for a great deal of customization -that is, the framework is provided by Wordpress but many of the processes for execution are left to the larger developer community.