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American Intelligence Provider MindBranch Acquires Korean Operation
31/1/01



MindBranch, Inc., a US based market research and information business, has announced its acquisition of a majority control in the company Outsource Korea, one of the most well-known sources of business information in the Korean market.

Outsource Korea, with headquarters in Seoul, helps major Korean corporations identify, source, and manage their business-information purchasing, which includes consulting, market research, and advisory services. The move means that Outsource Korea will also gain access to MindBranch's collection of more than 10,000 reports, newsletters, and directories from more than 250 research firms, consultancies, and publishers. These offerings are catalogued under 150 industry sector categories. In addition, both Outsource Korea and MindBranch offer immediate access to expert consultants trained to match resources to customer needs.

According to Alton Adams, CEO of MindBranch, "The acquisition of Outsource Korea gives MindBranch an excellent footing in one of the most attractive business-information markets in the World. With the 13th largest economy and the 6th largest online audience, Korea represents a significant opportunity for MindBranch. Gaining this strong presence in Asia will allow us to provide our customers and suppliers with a truly global partnership and the capabilities that come with it."