Vast buys Edgeio’s (ARES)
January 11, 2008 – 11:08 amWe wrote about Edgeio selling their assets here and here. The final auction of their Adaptive Real Estate Services (ARES) was purchased by Vast, the vertical search engine that will most likely integrate these MLS feeds into their real estate search.
The final price was not disclosed but most likely was around the $25,000 - $50,000 range.
2 Responses to “Vast buys Edgeio’s (ARES)”
That price seems low.
By Dave Dugdale on Jan 11, 2008
I don’t think there were a lot of bidders. All of the MLSs were open, which means they are willing to share and distribute data. A rep at $30,000 for the year could do this in 6 months.
By Dan on Jan 11, 2008