More Consolidation In Europe: GoAdv To Acquire LeGuide.com For €50 Million
Date:
23 Feb 2009 Comments:
0
After Meetic buying the European operations of Match.com last week, here’s another sign the online media landscape in Europe is changing in the face of a dire economy: pan-European online media company GoAdv will later today announce that it has proposed to acquire LeGuide.com, an 11-year old network of shopping portals operational in 14 European countries, for 50 million (about 64.5 million), and retain all of its staff and offices.
At a time when many people are saying innovation is dead along with the economy as we knew it, I can’t help but feel the hot breath of a surge in the power of the network. As Marc Andreessen reminds in his 
January is the peak season for visits to employment websites and
