Trulia Agrees to Buy Real-Estate Software Maker Market Leader for $355 Million
Trulia Inc.has agreed to acquire real-estate-focused software maker Market Leader Inc. for about $355 million in cash and stock as the real-estate-listing service looks to beef up its offerings.
Trulia Chief Executive Pete Flint characterized Market Leader as “an excellent strategic fit for Trulia,” pointing to the software company’s partnerships with real estate franchisors and brokerages.