In February of this year, the two German internet entrepreneurs Dirk Schwartz and Tim Stracke bought Chrono24 – a marketplace for high quality watches. With the additional purchase of the Australian competitor WatchChoice, they are now going to establish an international market leader. The price for WatchChoice.com was not disclosed yet. The WatchChoice-founder Glenn Palmer will from now on support the further expansion of the two businesses in Asia and Australia. Chrono24 operates in 25 countries and is based in Karlsruhe (Germany).