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Dealipedia - Google acquires Endoxon

Google acquires Endoxon for $25 million

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Acquiring Company: Google View Profile Add Homepage Google Search
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Target Company: Endoxon View Profile Charts Homepage
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Price: $25 million
 
Date:
Announced: Dec 18, 2006

PRESS RELEASE

Google Acquires Swiss Endoxon For Its Mapping Solutions

Google has acquired Endoxon, a Swiss mapping software and solution developer that was founded in 1998 , to "bolster engineering and technical resources for Google" for an undisclosed amount.

Endoxon had six business units, but Google is only buying three, which is probably the reason it took Google so long to make the deal -- we had been hearing rumors about something there for several months now.

The three units of Endoxon acquired are its internet, mapping and data processing business units. The others are spun off into a new operating company called mappuls gmbh. Before the acquisition Endoxon employed 75

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Jan 12 '08
This version submitted by azstrik

 

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