Leon Spencer

Journalist

Leon covers enterprise technology and start-ups from ZDNet's Sydney newsroom.

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Multimillion-dollar markup for HotApps US sale

Multimillion-dollar markup for HotApps US sale

Listed construction and technology player Singapore eDevelopment has announced a $700 million acquisition agreement with US-based Fragmented Industry Exchange, in a bid to establish a foothold in the US market for its instant messaging business HotApps, which it purchased in August for $98,000.

October 15, 2014 by in Developer