Forrester buys German research firm for $15 million

Article Abstract:

Forrester Research has purchased German Internet company Forit for $15 million. The purchase is seen as the next step in the execution of Forrester's European growth strategy. It bought Fletcher Research in the UK in Nov 1999. It feels that it is in a better position to build a strong presence in the German speaking countries that include Switzerland and Austria. While the new operation's major thrust would be to exploit the German market for Internet research, it intends to market some of the material in English to US and other companies.

Marketing Research and Public Opinion Polling, Market Research Services, Forit

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German post looks to Asia after DHL acquisition

Article Abstract:

Deutsche Post has acquired a majority stake in DHL International in Sep 2000. Based in Brussels, Belgium, DHL International is the largest express service in the world outside of the US and claims a 40% non-US market share. The acquisition puts Deutsche Post in a better position to offer its international clientele peak performance in the global express business. The purchase has also resulted in Deutsche Post's postponement of its initial public offering from Nov 6, 2000 to Nov 20, 2000.

Couriers, Mail & Express Services, DHL International A/S

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BOL plans worldwide expansion

Article Abstract:

Terra Lycos, a company formed through the merger of Terra Networks and Lycos, has acquired a 25% stake in Bertelsmann-Online (BOL), a German online retailer of entertainment products. The decision to sell the 25% stake is part of BOL's plan to expand into the Latin American market. The divestiture is also part of an agreement between the two companies in which BOL will spend $1 billion to jointly promote and distribute BOL content over the next five years.

Nonstore Retailers, Bertelsmann-Online

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