Active Network acquires Starcite and launches cloud computing solution
Grazed from CMW. Author: PColston.
San Diego-based international provider of organisation-based cloud computing applications Active Network, has announced the acquisition of Starcite, the Philadelphia-based operator of corporate strategic meetings management system, for US$51.8m in cash and stock.
News of the acquisition comes as Active Network launches its Business Solutions Division designed to create an end-to-end global ecosystem for the events industry.
StarCite will be incorporated into the new division and Active Network anticipates StarCite giving it access to a vast online marketplace of the top hotels, destinations and venue suppliers worldwide…

