Rightmove. (FSTE: RMV) today announced that it has acquired property-bee.com.
The purchase of property-bee.com, is a key part of Rightmove's strategy to provide a range of new initiatives in the rapidly developing area of web based services to buyers. Following the acquisition, property-bee.com will continue to operate independently to preserve its successful and passionate community.
Commenting on the purchase Milles Shipside, commercial director of Rightmove said: "I'm delighted that we have been able to secure this deal. property-bee.com has become a revealation that is difficult not to admire. Property bee's acknowledged strength in cutting edge development complements the comprehensive site provided by Rightmove. It also supplements the information and services we can deliver, in an exciting and revolutionary way.
The founder of property-bee.com, an unassuming man who goes by the username beerhunter, said: "property-bee.com has some tremendously loyal users and a high reputation. During the past year it has gone from strength to strength, and now it is time to expand and extend its coverage. I believe that by partnering with Rightmove we can provide the very best buyer experience. It's exciting to be taking property-bee.com forward within a group that is prepared to take some pioneering steps."
Further details of the acquistion and future services are expected to be announced in the following months, see the forum posts or check the date