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Overseas overtures
Portland Business Journal - January 5, 2007
Business Journal staff writer
Two years ago, Vesta Corp. CEO Doug Fieldhouse began looking to the huge cell phone markets of China and Europe.Early in 2005, Vesta, a virtual payments company, bought a Chinese firm providing enhanced services for cell phones, such as ring tones, daily horoscopes and daily jokes. Last September, Vesta acquired another Chinese company, the largest provider of cell phone refresher payments in Beijing.Vesta has also built a large European operations center in Dundalk, Ireland.
The ambitious acquisition strategy — along with some new product launches — is propelling Vesta through a rapid growth cycle.
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This entry was posted on Sunday, January 7th, 2007 at 10:23 pm