Monday, October 15, 2007

Motricity Acquires InfoSpace Mobile Unit for $135 Million

Motricity, a provider of mobile content publishing and delivery services, announced on Monday that it will acquire the mobile services business of InfoSpace for about $135 million in cash.
Durham, N.C.-based Motricity said the deal expands its customer base to include 11 of the top 13 carriers in North America; its mobile portal product will also power 5 of the top 6 carriers' "start screens." The company expects to power over a billion dollars in content sales, and attract tens of billions of page views and user impressions.
http://dmwmedia.com/news/2007/10/15/motricity-acquires-infospace-mobile-unit-for-135-million

http://www.paidcontent.org/entry/419-motricity-buys-infospace-mobile-services-business-for-135-million/

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