GCD Technologies, a leading Northern Ireland-headquartered custom software development business, is to acquire Propertynews.com from print and digital publisher Mediahuis, it is announced today.
The deal will see GCD take ownership of the popular house hunting portal and its property software products from November 1st as the company seeks to further grow the product side of its business.
Mediahuis, which publishes a range of print and digital titles across the island of Ireland, including the Belfast Telegraph, has decided to sell Propertynews.com as part of a plan to focus its resources on its core publishing business and other leading classified sites including the continued development of its highly successful nijobfinder recruitment portal.