Orange splashes out £95m on Ananova

NEWS Orange has bought internet news service Ananova for £95m in cash. Ananova, an animated online newscaster providing news and entertainment bulletins, was the online arm of the Press Association (PA). The acquisition which leaves PA without a B2C internet division is seen as a strategic step for Orange. Hans Snook, CEO of Orange, said: "Ananova is a key element of our plans to develop our overall portal platform, which will take wirefree communications beyond what is available today." PA will retain its online B2B interests

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