VeriSign Acquires m-Qube For $250 Million

In yet another big move, VeriSign has acquired mobile content company m-Qube for about $250 million. m-Qube sells software and services for delivering digital content to mobile phones. The acquisition was described as ‘net of cash’ meaning after cash already on hand at m-Qube.
In February, VeriSign bought Austrian company 3united Mobile Solutions ag (3united) for 55 million Euros. Last week, VeriSign had agreed to buy Kontiki, a Californian company that makes a digital video distribution system over broadband, for $62 million. Its latest move also comes close on the heels of an analyst report that called VeriSign’s mobile content business as a “disaster”. According to a report released early this month by American Technology Research analyst Albert Lin, VeriSign’s mobile content business is รข

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