For-Side Imploding; iTouch For Sale Again


I sorta-kinda knew about this, in relation to’s U.S. and European implosion, but didn’t follow up: Ten months after Japanese mobile content company bought the British mobile content/ringtones biggie iTouch for $344 million, it is thinking of disposing it off. It has asked investment bank Close Brothers to review strategic options for the London-based iTouch.
We’ve been reporting on how For-Side is definitely retreating from U.S. and this story says it might dispose off all acquisitions outside of Asia. In U.S. among its portfolio, For-Side owned Zingy is for sale, Vindigo has been merged into Zingy, and 411-Song opted out of the acquisition last year.
The story also says that other mobile ring tone companies, such as Italy’s Buongiorno (and now expanding into U.S.) and US-based Infospace, could be interested in acquiring Itouch. It was also suggested that traditional media groups looking to expand into mobile phone content could also be possible acquirers.
Zingy On The Block, For-Side Retreating From U.S.?
Zingy Absorbing Sister Company Vindigo
For-Side’s U.S. Companies To Go Public
For-Side To Buy iTouch For $344 Million
The Mystery Called

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