Not sure of any imminent acquisitions but maybe they are thinking of picking up some startups in Canada as Rob was saying it's even more of a fragmented market than the US so maybe they are looking for a sub $10 million deal to bolster the Canadian growth and acquire a low margin business to use it as a sales vehicle. I don't see NEA buying 3DP just yet but their offline map offering could be interesting but the question is, is it not cheaper to just make it in house?
NEA Price at posting:
$1.60 Sentiment: Buy Disclosure: Held