I question whether NEA is biting into Eagleview business when it seems to me NEA been winning customers from smaller players of which there are numerous in each state in USA from my initial information and tender process info suggests.
The Eagleview revenue of $137 Million pa is not a big share of the total market which is imo maybe 10 times or more.
Perhaps someone else on HC might have more accurate figures as these would be welcomed.
Nea might be intested in the $137 million revenue EagleView but if I'm sure it would have not made the decision to go to USA to grow only by 3 - 4 times current revenue. It would have gone in to go after the 10-30 times revenue surely.
NEA Price at posting:
59.5¢ Sentiment: None Disclosure: Not Held
