Forum Moderators: anallawalla & bakedjake
[Interchange]...today announced that it has signed a definitive agreement to acquire Inspire Infrastructure 2i AB, a Swedish Internet and wireless local-search technology company in a share purchase transaction.
“The driving forces for this deal are the expanded opportunities in our respective markets, gained by integrating our technologies and business strategies. We believe Interchange Europe will have a commanding position in the emerging European local-search markets,”
So a nice move on Interchanges part. They gain some new local clustering technology while getting a foothold into the euro market.