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December 18, 2006
Google Acquires Swiss Endoxon For Its Mapping Solutions
Google has acquired Endoxon, a Swiss mapping software and solution developer that was founded in 1998 , to "bolster engineering and technical resources for Google" for an undisclosed amount.
Endoxon had six business units, but Google is only buying three, which is probably the reason it took Google so long to make the deal -- we had been hearing rumors about something there for several months now.
The three units of Endoxon acquired are its internet, mapping and data processing business units. The others are spun off into a new operating company called mappuls gmbh. Before the acquisition Endoxon employed 75 -we are not sure how many will join Google.
As far as we know, Endoxon had not raised venture capital. We are checking this and will update, accordingly.
Endoxon's geo-tools are behind several online services such as immo.search.ch and map.search.ch
Read - Endoxon announcement
Read - Google Buys Endoxon (Google blog)
Read - Agilent Acquires Swiss (a:c euro)
Posted on December 18, 2006 06:50 PM | Posted to News And Updates | Permalink
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