About Doug

Doug Scott, loud mouth Newcastle supporting Geordie entrepreneur living in the midlands.

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Posts Tagged ‘forward3d’

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Uswitch the real price they paid – £7 million:)

Uncategorized written by Doug Scott

Scripps who sold Uswitch to Mr Hutchinsons Forward3d ( previously Traffic Broker) have disclosed that Forward3d paid US$10.3  million for it or roughly £7 million.

That’s some haggle Neil when Scripps paid £210 million for it in 2006.

Mind you Uswitch figures for 2009 were not very good with a turnover of US$22 million and losses of US$4.1.

But still seems like a bargain to me:) Get rid of loads of the staff, automate the stuff and then run it efficiently. But then I am teaching you how to suck eggs.

Doug

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