December 15, 2007
MICROSOFT
Microsoft Has Acquired Multimap
Topics: Business Information
Tags: Acquisition, Business, Microsoft, Multimap
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Tags: Acquisition, Business, Microsoft, Multimap
TrackBacks: See in the bottom of this page
See QuickInfo in right side of this page for detailed information
This acquisition will play a significant role in the future growth of our search business and presents a huge opportunity to expand our platform business beyond the UK and globally.
Sharon Baylay, Microsoft OSG General Manager
Microsoft did not say how much it was paying for the online mapping company. This agreement is Microsoft’s latest in a series of purchases this year, including its $6 billion buy of Aquantive, the company’s largest-ever acquisition.
Multimap launched all the way back in 1996, and claims to be the most popular mapping site in Europe, and one of the 10 most visited sites overall in the UK with 10 million monthly uniques and 190 million page views (statistic in 2007). This is one of Microsoft strategy to expand worldwide mapping coverage and will be competed with similar services such as Google Earth and Google Maps.
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