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December 21, 2006
Update : Google - Endoxon Price Tag €25M -
We reported this week Google's acquisition of parts of Endoxon, a Swiss software company specialized in mapping solutions. Word is that the price was SFr 35M (approx €25M) as reported by business daily Cash - whose source is known to us (and who said it was closer to SFr40M). The Swiss daily Tages Anzeiger also cited the Cash report.
The acquisition was mainly about the people. Some 50 Endoxon employees are expected to move over to the Google Maps and Google Earth product line, bringing their geo-software engineering skills, as well as knowledge of how to negotiate data integration deals in the highly fragmented markets beyond the US.
Read - Google kauft Luzerner Kartenfirma (tages anzeiger)
Posted on December 21, 2006 07:59 AM | Posted to Online services | Permalink
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