Locafy to Acquire Map Labs' Assets
Locafy Limited has entered into an agreement to acquire Map Labs' assets, a move expected to significantly expand its revenue and U.S. customer base.
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12:07:28 PM UTC
SquawkNews
Locafy entered a definitive deal to acquire Map Labs’ assets and customer base for up to $3.0M cash, subject to closing conditions, with expected material increases in revenue and operating profitability and U.S. growth. Closing is planned on or before Dec. 31, 2026.Material DetailsContext by AI An…
Locafy Limited (Nasdaq: LCFY, LCFYW), a global SaaS technology company focused on location-based Search Engine Optimization (SEO) and Answer Engine Optimization (AEO), said on Oct. 06, 2026 that it has entered into a definitive agreement to acquire assets from Map Labs. The company said the transaction is expected to close in 2026.