digibyte - MOVE Guides moving on up as it acquires Teleport

MOVE Guides, a cloud solution provider of global workforce relocation technology/services for businesses, is acquiring Estonia-based Teleport – a provider of relocation tools for individuals. This transaction, the terms of which were not disclosed, will provide a nice tuck-in deal for MOVE Guides. An in-depth look at MOVE Guides can be found here. The acquisition was apparently the culminating event after a series of partnership activities between the two companies. Both firms' solutions help take the friction and cost out of employee moves although each firm offers quite different but complementary solutions.