Not sure what happened, but I messed up on some key details on this post about Jumbuck, the Australian mobile content firm, buying out German mobile community service firm Wap3.
— Jumbuck is only acquiring the community part of the business – delivering chat services to Telefonica, O2 Germany, T-mobile Germany, WIND Italy and many other Euro carriers.
– Majority shareholders were staff/managers based in Cologne – Holger and Nicoli Journa, not Red Pyramid OOO.
– Red Pyramid is a seperate entity owned by wap3 (not the other way round) that makes games and is not related to this deal in any way.
We apologize for the errors.