InphoMatch to Merge With Mobileway

(reg. req.): Two of the biggest mobile content and messaging infrastructure providers are merging: InphoMatch will merge with France-based Mobileway

The combined company, to be renamed in September, will have more than 200 employees and will be based in Chantilly, VA. InphoMatch executives say the new company will generate about $100 million in revenue this year.

“The new company will have the ability to deliver content to every mobile user in America and so that, I think, is a really strong value proposition for the new company,” said Neville Street, CEO of InphoMatch, who will also lead the new company.

WSJ: The deal is a merger of equals, as money won’t change hands, according to this WSJ story.

Joint press statement: InphoMatch has been net income profitable for the last seven consecutive quarters, and Mobileway is EBITDA profitable. In 2004, both companies completed rounds of venture funding– InphoMatch received $13.5 million in March, and Mobileway secured $23 million in April.

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