NeuStar Acquires British Mobile IM Firm Followap for $139 Million

NeuStar, which provides clearinghouse services to the communications industry, has acquired Followap, a U.K.-based mobile IM provider, for about $139 million in cash. NeuStar expects Followap to contribute more than $25 million to overall revenue in 2007, and for that to more than double in 2008.
The deal expands NeuStar’s platform for growth in mobile markets in the U.S. and abroad. Followap has customers such as Vodafone, 3, SFR, Swisscom and others…Followap

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