Stockholm-listed performance marketing specialist Catena Media has expanded further into the financial trading vertical with the acquisition of forex exchange news portal LeapRate.com for an initial US$4m.
The company said that the acquisition would further strengthen its position in the financial vertical and in FX trading, primarily in the US, UK and Australian markets. The acquired assets currently generate quarterly sales of $360,000.
“This acquisition is in line with our strategy for growth and further establishes our [...]