THQ Sells Its Stake In Mobile Content Apps Firm Minick To Swisscom

THQ is still in the process of rethinking its mobile content strategy, and as part of that has divested a company that it half-acquired (owned 50 percent) a few years ago to Swisscom, the Swiss telco giant, for an undisclosed amount. The rest of the 50 percent in the company Minick Holdings was previously held by employees, which was also sold to Swisscom.
The company employs 68 staff in Switzerland, Germany, the UK and Spain. Minick develops and operates mobile Internet portals, multimedia services and news applications such as M-Voting, Teletext-Chats, SMS and MMS. The company is also active in mobile marketing and mobile video streaming.
Minick Holding’s minority stake — via a joint venture in Minick (USA) — is not affected by the deal. Some more details in the release here.

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