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Ansearch to buy Norman Asch's Webfirm for $5m

15-May-07 by Mark Pownall

South African-born businessman Norman Asch has struck a $5 million deal to sell his Webfirm business to Melbourne-based search engine and online media company Ansearch Ltd.
While the original price Mr Asch paid three years ago was reportedly $700,000, Ansearch has agreed to pay $3.5 million plus 21 million Ansearch shares worth almost $1.5 million for the Perth-based web development and search engine optimisation company which Mr Asch has grown into a successful local player.

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