Friday, October 10, 2008

More Companies Eyeing European Search Market For Takeover Targets

More Companies Eyeing European Search Market For Takeover Targets

I am unable to confirm the information I have just received, but rumor has named two of the companies interested in the European Search Engine Network that I have posted about before. The first is Infosys.com whose name many not mean much to many in the US, but they are a huge player located in 23 countries and based in India. An IT services company, this deal could vault them into the search industry and they have extensive technology resources to pull it off and pull it off well. I have to admit I don't know much about the Indian search industry, but Infosys would become a major player overnight given the assets of the company they are thinking about buying.

The other name mentioned is also not one I have heard of, mobile and ISP Orange. This also makes perfect sense to me, since any mobile and Internet provider would be nuts to pass up on a deal like this. Orange is based in France so I'm sure that is the first place they would expand the Search Network to. It will be interesting to see what other players come to the table. I'm surprised no US companies have shown interest, but it may be just that word has not leaked out yet...

About Infosys
Infosys Technologies Limited (BSE: 500209, NASDAQ: INFY) is an information technology services company headquartered in Bengaluru, India. Infosys is one of India's largest Information Technology companies with over 94,379 professionals. Infosys has nine development centers in India and over 30 offices worldwide. Infosys's annual revenues for the fiscal year 2007-2008 exceeded US$4 billion with a market capitalization of over US$30 billion.
http://www.orange.co.uk/

About Orange
Orange UK is a mobile telecommunications network operator and internet service provider in the United Kingdom which is owned by France Telecom. Orange was founded in 1994 by Hutchison Telecom which was later bought by Mannesmann AG and then in May 2000 sold to France Télécom. Orange UK has over 17 million customers who subscribe to its mobile and broadband services. http://www.infosys.com/


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