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RealTime IT News

Framfab Expands into U.S. Market

Framfab, one of Europe's more aggressive Internet companies, has pushed into the U.S. with the all-stock purchase of eBizApps.com.

The Silicon Valley office will work into Framfab's strategy to incubate start-ups in the area. Framfab also intends to move into other U.S. cities, including Washington D.C. and New York City.

Framfab will offer its usual assortment of Internet strategy consulting, eBusiness applications development, and backend systems integration through the purchase. The U.S. team is headed by Internet veterans Robert Eisenberg and Ben Fuller.

Framfab will inherit Stanford University, WallStreetDirect.com, PlanetArts.com, and MyTradeIn.com as clients.

"The management team has already proven that they can achieve rapid growth while maintaining high quality and profitability," said Jonas Birgersson, chief executive officer of Framfab.

Framfab is now present in eight markets: Denmark, France, Germany, the U.K., Italy, Norway, Sweden and the U.S.