Microsoft Says Goodbye To Ciao, Sells Online Shopping Guide To LeGuide.com

LeGuide.com Group, a pan-European publisher of online shopping guides, comparison websites and the like, has acquired online shopping portal Ciao from Microsoft.

Financial terms of the deal were not disclosed, but LeGuide.com says it paid for the Ciao assets in cash and didn’t need to take on debt to finance the transaction.

Read more over at TechCrunch Europe.