News Corp to Acquire Real Estate Tech Platform Opcity for $210 Million

Last week News Corp (NASDAQ: NWS, NWSA) announced that its subsidiary Move, Inc. will acquire real estate technology platform Opcity for $210 million. Move, Inc. operates Realtor.com, and this acquisition will broaden that site’s lead generation product portfolio. According to a news release, real estate professionals can choose between using traditional sales leads and those generated by Opcity, which provides “highly vetted, transaction-ready leads.”

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