I was also sceptical at first of the Nearmap acquisition,...

I was also sceptical at first of the Nearmap acquisition, however after reading through the MDs report today i think i can read between the lines.

Basically he said that companies can have a lot of IP under their name, so I actually think they are going after NEarmp for the IP, rather than what the co actually does. This way they could on sell the IP, or even licence it out to providers like Google Earth.

Interesting....