Forbes is reporting that Apple has just completed acquisition of Quattro Wireless, a mobile ad technology business which helps marketers “reach the right consumers across the mobile web and in applications.” The Forbes article puts the company sale at $275 million, bringing Apple into the mobile ad market for the first time. Just yesterday, Mobile [...]
Continue reading...Monday, December 14, 2009
Just after adding games to its offering, social networking giant Friendster was sold to an eCommerce company in Malaysia (MOL Global) late last week. MOL Global is an online payments firm, founded by Malaysian tycoon Vincent Tan. It operates upwards of 500k payment channels across 75 countries (physical and virtual), and MOL will merge its [...]
Continue reading...Wednesday, November 18, 2009
Playdom acquired two new social game companies last week – Facebook developer Green Patch, and iPhone developer Trippert Labs. Likely Playdom is arming itself to compete more effectively with social game behemoths like Zynga and Playfish, or perhaps they’ve caught an acquisition fever from Electronic Arts, who acquired Playfish for a cool $400 million earlier [...]
Continue reading...Thursday, November 12, 2009
Playdom has scored a successful round of Series A funding – $43 million worth, reports TechCrunch. In case you didn’t know, Playdom’s Mobsters is one of the most popular games on MySpace, with over 14 million users. The investment comes from New Enterprise Associates (NEA), Playdom chairman Rick Thompson, Lightspeed Venture Partners and Norwest Venture [...]
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Tuesday, January 5, 2010
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