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Metro One buys Enthusiam

PORTLAND, Ore.-Metro One Telecommunications Inc. announced today it will acquire Enthusiasm Technologies Inc., a developer of Web-based data extraction and processing technology, for about $5.3 million

“This is a value-added, powerful additional to our growing offering of local, personalized information services,” said Timothy A. Timmins, Metro One’s president and chief executive officer. “Our combined efforts will build content that is more local, more enhanced and more up-to-date than is available anywhere today.”

Metro One provides enhanced telecommunications services and Enhanced Directory Assistance services. The company said the acquisition will have no near-term affect on its earning per share.

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