InfoCommerce Group Model of Excellence award winner Wanted Technologies last month announced its planned acquisition of Corzen Inc. The companies share a market in the online classified market data and analysis space. They also share clients in the media, financial and staffing services space.
Wanted Technology anticipates that the combined company will become a strong presence in the new media intelligence market and plans to take advantage of the melding of each firm's research and development, product management and service teams.
It's certainly not surprising that Wanted Technology and Corzen agreed to this deal. By pooling their resources, they are well-positioned to make a larger impact in the market than they could ever do alone. Clients will definitely benefit from a broader collection of offerings that this acquisition will yield. And perhaps the strength of the companies' combined resources will give the new entity confidence to expand the breadth of its products and services in the coming months and years. Watch for the new Wanted Technologies to further bolster its presence in the marketplace.