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HolidayBuyer's Guide
Tech Industry

Short Take: Microsoft finalizes NetCarta purchase

Microsoft finalized its $20 million cash purchase of NetCarta from CMG Information Services. Microsoft plans to integrate NetCarta's WebMapper into its BackOffice product line. The transaction, announced in December, transferred to Microsoft a 4.9 percent stake in CMG.

Microsoft finalized its $20 million cash purchase of NetCarta from CMG Information Services. Microsoft plans to integrate NetCarta's WebMapper into its BackOffice product line. The transaction, announced in December, transferred to Microsoft a 4.9 percent stake in CMG.