Hottolink Acquired Socialgist

By Nathan Gilliatt on Mar 5, 2015

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.

• SMA's acquisitions scorecard
  
• press release
  
• FISCO analysis (PDF)

Categories:
• Transactions

Tags:
• hottolink,
• ma,
• socialgist