QualityTech completes buying of two regional data centers

Thursday, 9 November, 2006 at 4:08 pm | In Data Centers, Internet, Networking, Telecommunication Services | Leave a Comment

Quality Technology Services Holding LLC (QualityTech), provider of data center facilities and managed services, announced it has completed the purchases two companies, which have been anounced in October 2006 – NTT Data USA LLC (NDU) and of Globix Hosting, LLC.

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Answers.com to buy Wiki-based Community Site FAQ Farm

Wednesday, 8 November, 2006 at 12:12 pm | In Internet | 5 Comments

Answers Corporation , creators of Answers.com  service, today announced the acquisition of FAQ Farm, a leading wiki-based website containing a content-rich, cross-disciplinary library of user-contributed questions and answers. The initial integration of FAQ Farm into Answers.com is expected to launch in Q1, 2007.

The acquisition was completed for $2 million in cash, representing a multiple of approximately five times revenue, based on unaudited numbers. Additional terms of the transaction will be included by Answers in its current report scheduled to be filed with the Securities and Exchange Commission later today.

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AOL Acquires Relegence Corporation

Wednesday, 8 November, 2006 at 10:18 am | In Internet | 5 Comments

AOL LLC today announced that it has acquired leading financial news and information search technology company, The Relegence Corporation of New York, NY.

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$179 mln – the cost of Traffic.com for NAVTEQ

Monday, 6 November, 2006 at 9:36 am | In Internet, Navigation | 1 Comment

NAVTEQ, a leading global provider of digital maps for vehicle navigation and location-based solutions, announced it has agreed to acquire Traffic.com, provider of personalized traffic information in the United States for an equity value of approximately $179 million.  The acquisition of Traffic.com will provide NAVTEQ with proprietary traffic content, as well as the technology and expertise to deliver that content to a wide variety of customers across multiple industries.  The Board of Directors of each company has approved the agreement.

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