Wikio acquires Nomao

Tuesday 28 September 2010 | 12:01 CET | News
French social networking news and blog portal Wikio, which merged with Overblog earlier this month, has announced its acquisition of local news search engine Nomao. The all-paper transaction has created a group with around 120 workers and an anticipated turnover of more than EUR 10 million this year. The enlarged company's marketing director, Frederic Montagnon, told AFP that the company intended to at least double its revenue next year. Montagnon, who is the co-founder of both Nomao and Overblog, stated that Nomao strives to find on the web all news that is 'localisable', highlighting the

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Categories: Internet
Companies: Nomao / Overblog / TF1 / Wikio
Countries: France
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