Belgium's ECONOCOM will be buying the French company INFOPOINT (turnover of EUR 313 million in 1999). With this acquisition, taking place via a friendly public share swap, ECONOCOM will become Europe's number two information technology services and distribution company, with turnover of around EUR 1 billion. The operation, worth close to EUR 30 million, will be based on a swap of one ECONOCOM share for one INFOPOINT share.