Hottolink Acquired Socialgist

Hottolink  has acquired Effyis Inc., parent of the data provider Socialgist  and Boardreader.com. The $22 million, all-cash deal was announced in November and closed in January. Socialgist now operates as a wholly owned subsidiary of Hottolink.

Hottolink (TSE:3680) is publicly traded, providing a rare look at the financial details of a company in the social media analysis business.

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