Monday, February 21. 2005

MapInfo Makes Another Acquisition

In today's newsletter, we noted that at the MapInfo Board meeting that more acquisitions were planned. Well, indeed, a press release this morning revealed that the company as purchased GeoBusiness Solutions Ltd., a UK consulting firm focusing on business applications. The company was a MapInfo reseller and has a long list of UK retail companies as clients. This is the second UK company that MapInfo has purchased within the last year and augments their position in the retail sector. We can expect more acquiistions from MapInfo. Look for one in the insurance sector. This is one of the vertical industries identified for growth by MapInfo along with the financial services sector.

Posted by Joe Francica at 10:27 | Comments (0) | Trackbacks (0) |

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