Skip to main content

Microforum Inc. has acquired Blue Hypermedia, a New York Web-development firm and new-media production company. The price was $14-million (U.S.), consisting of $4.9-million cash and the issue of 1,770,160 common shares, Mississauga-based Microforum said. Blue Hypermedia has been profitable since its inception, and had 1999 revenue of $2.8-million (U.S.) with earnings before interest, taxes, depreciation and amortization of $1.5-million.

Report an error
Tickers mentioned in this story
Unchecking box will stop auto data updates
We have temporarily removed commenting from our articles. We expect to have our new commenting system, powered by Talk from the Coral Project, running on our site by the end of April, 2018. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.