Acquisitions, Breaking, Mobile Content - Tuesday, March 21, 2006 6:46 - 0 Comments

Verisign acquires m-Qube

VeriSign acquires m-Qube for 250 million dollars ! This is truly a sign that mobile content is only going to be getting bigger and bigger over the next few years. When companies begin investing this amount of money. It’s a sure sign that they want to expand and grow.

VeriSign has agreed to acquire m-Qube, a leader in the fledgling U.S. mobile marketing sector, for $250 million in cash. Besides providing the technology to enable mobile marketing programs, the privately-held m-Qube helps companies develop, deliver and charge for mobile content, including applications and messaging. Clients include Sony Pictures, CBS, Major League Baseball Advanced Media, Warner Music Group, Reuters, GQ, Virgin Mobile Canada and Telus Mobility.

The acquisition fits into VeriSign’s plans for the mobile space. It also owns mobile content player Jamster, and last month bought 3united Mobile Solutions, an Austrian company that offers applications for premium wireless content and mobile commerce.

via Clickz