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.
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.