Update on Vindigo Acquisition: Bought For $36.5 Million

Following the story I broke two weeks ago, NYC-based mobile content and services company Vindigo has formally announced its acquisition by Japanese content company For-Side.com, for $36.5 million in cash.
Through the all cash agreement, Vindigo Studios will continue to operate as an independent entity led by existing management and will continue to market itself under the Vindigo Studios brand. Vindigo achieved profitability in early 2004.

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