Eastpoint (Getupdated) Signs Letter of Intent to Buy USA Search Engine Optimization Company eTrafficJams
Stockholm/Florida April 27 — EASTPOINT (public) daughter company GETUPDATED headquarter in Stockholm Sweden said Thursday that it had agreed to buy eTrafficJams, a renowned USA Florida based Search Engine Optimization company that helps websites with Internet marketing, as EASTPOINT (GETUPDATED) tries to grab a bigger share of the booming global market in Internet Advertisement.
The deal would be EASTPOINT (GETUPDATED) first major acquisition in the
Internet advertisement grows faster then 25 percent per year, according to media sources. Eastpoint (public) is a healthy growing stock and for the last year has had reputation for quality acquisitions within the Internet Marketing field. Getupdated which is owned by Eastpoint (public trade name: EAST B) and with a fascinating growth of 437% on the first quarter, already owns Media Analys, MIG Group, Affiliator (selected top 10 Internet company in Sweden) and RYCE Media which are renowned Search Engine/ Internet Marketing companies in the Nordics.
eTrafficJams’s main business model is Search Engine Optimization based on Pay for Performance; this means that clients only pay a monthly fee for top 10 organic search engine rankings. The company operates out of
“Eastpoint Getupdated is a great fit for our organization – we can compliment our existing range of services with their actual offering” said Michael Pedone CEO of eTrafficJams.
For further information, please contact:
Eric Forsner, CEO Eastpoint AB
+46 070-601 65 18, eric.forsner@eastpoint.se
Mattias Kaneteg, CEO Getupdated
+46 0735-111 444, mattias@eastpoint.se
About Eastpoint:
Eastpoint’s mission is to help companies develop their businesses on the Internet. We help over 60 000 clients with:
Addmind IT-solutions AB; Intranet, Websites, Portals and E-commerce..
Crystone AB; web hosting, co-location, dedicated servers and domain names
Eastpoint group has 146 employees in our
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