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March 05, 2008
Czechoslovakian Brothers: NetCentrum Pays €20M For Atlas.sk
Czech web portal NetCentrum has acquired Slokak Web portal Atlas.sk from EPIC Holding. NetCentrum will pay more than €20M. The new company claims 4.9M. NetCentrum was bought by Warburg Pincus last December, partially cashing out the company's founders. The company is run by CEO Pavel Mucha who was an analyst with McKinsey & Co.
Take a look at the site and you will feel that you are looking at a foreign version of Yahoo. It's certainly not the Web 2.0 way. But Eastern European sites have show skill at retaining users and building financial value.
View - Netcentrum site
Posted on March 5, 2008 11:50 PM | Posted to Media | Permalink
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