Motricity Buys InfoSpace’s Mobile Services Business Unit

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Motricity this week announced that it had completed its acquisition of the mobile services business unit of InfoSpace, Inc. for $135 million.

"Two of the best companies in the industry are now being integrated to create the premier provider of mobile platform infrastructure," says Motricity chairman and CEO Ryan Wuerch.

According to the companies, the acquisition expands Motricity's customer base to include 11 of the top 13 carriers in North America including AT&T, Verizon Wireless, Sprint, T-Mobile, Bell Mobility, tracfone and Alltel.

More here from the APmore here from TMCnetmore here from ClickZ … and the press release is here.


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