December 1st, 2004 by Arjan Olsder Posted in Companies & M&A | No Comments »
InfoSpace, Inc. today announced its acquisition of U.K.-based IOMO Limited, an award-winning developer and publisher of mobile games. The consideration is approximately $15 million, payable in cash.
"We are excited to build our presence in Europe and to expand our role in the mobile games space by acquiring IOMO," said Jim Voelker, chairman and chief executive officer of InfoSpace, Inc. "With IOMO’s great team, strong publishing capabilities and broad distribution relationships, we will extend our reach by offering high quality mobile games to subscribers across the world." More …
