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MEQUON, WI-Most Home Corp. Vancouver, British Columbia, has sold its point-of-sale automation tool, NetUpdate, to Mortgagebot here.
"We've followed NetUpdate for a number of years," said Scott Happ, co-founder and CEO of Mortgagebot. "They've been a good competitor. The company that owned them made strategic decisions around mobile technology and decided to divest this business. So, the timing was right.
"There are a lot of similarities between the NetUpdate products and the clients and our products and clients. The companies match up well. We're still finalizing our game plan as to the roadmap for the NetUpdate product. We're holding a series of webcasts welcoming their...