Thursday, 23 September 2010 16:52
Another Company Acquired in France Today, Let the Revolution Begin.
Apparently today the French equivalent of Black Friday for the local hi-tech market - everyone's out on a shopping spree. Ok, that's perhaps a bit of an overstatement, but still. After Liligo's acquisition by Voyages-SNCF.com for some 20-30 million euros this morning, online publisher Commentcamarche announced that it is acquiring French Benchmark Group. Together, the two companies plan to give life to a top-tier media group, which should rank within the top 5 French online publishers.
For the moment, the amount of the transaction has not officially been disclosed but some sites, including CF News, have said that it could be in 60 million euro ball park - which is double the amount that Liligo went for. Yet, for now, it's all just a Twitter rumor.
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0Authors: Roxanne Varza
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