MoMac, a Dutch provider of mobile content technology and applications, has been bought out by Truffle Venture though an LBO. The transaction, for an undisclosed amount, gives Truffle Venture a majority stake in MoMac, with the company’s management retaining a significant holding.
The company’s publishing platform, GoMedia, is used by European media organizations, such as Emap, Condé Nast, ITV, and others.
Some more info in the release here.
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