Move Inc. acquires for $11.5 million

Moving and storage marketplace to be merged into operator Move Inc. has purchased, a consumer-facing website that links homebuyers and renters with movers and storage facilities, for $11.5 million in cash, and will merge the company into its existing lead generation business for moving professionals,

"Our goal is to create the leading online marketplace for real estate-related information and services," said Steve Berkowitz, Move’s CEO, in a statement. "Bringing under the Move umbrella and merging it with our business extends our value to consumers by increasing the resources and tools at their disposal."