Thursday, July 10, 2008

Microsoft buys Multimap

The company Microsoft continues to make acquisitions aimed at developing its online services. New British company will purchase Multimap, a developer of electronic maps of Europe, North America and Australia. Exact dates of the transactions have not yet been announced.

The company posted Multimap in London. It has offices and many employees in the U.S., UK, Australia. But most likely, most employees will be transferred to other offices. According to Microsoft, they must become part of units Virtual Earth and Search teams their department Online Services Group (OSG). But the head office in London will continue to work in the future. In addition to developing electronic maps, the company Multimap also engaged in advertising business.