Dan Lee and Ian Parry now own 100% of the business.
Dan Lee said: "We are delighted we have had the opportunity to buy News International's stake in the business. This move means they can focus on their core activities and that we can continue to progress Globrix as a technology business and a growing UK property portal.
“We are grateful for the support of News International over the past few years and look forward to continuing to work with them to power The Sun online and The Times online property sections"
About Globrix
Globrix says: “Globrix is a new type of property search website. It covers hundreds of thousands of properties for sale or rent in the UK and it allows you to search for property by a huge range of criteria. Globrix does not charge estate agents to list.”
