UK mobile content group Monstermob has bought out Denver-based rival company 9Squared, for about $3 million cash and deferred payments later, which could add up to a total of about $30 million. (Some complex formula here…read this for exact details).
9 Squared supplies products under the RingTone JukeBox, mTat2 and Great American Country brands to various major US and international mobile network operators. The group is rolling out a subscription-based ringtone application on China Mobile, the largest mobile network operator in the world with more than 160 million subscribers.
Rocky Mountain News: 9 Squared was founded by a 26-year-old college dropout James Eberhard…
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