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Uswitch the real price they paid – £7 million:)
Sunday, March 14th, 2010
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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