Xinhua Finance Media (XFMedia) (Nasdaq: XFML), a diversified financial and entertainment media company, has signed an agreement to buy Beijing Mobile Interactive (M-in) for US$10 million in cash. M-in has services covering WAP, SMS, MMS, interactive voice response (IVR), Java apps and ringback tones on the top four carriers in China…products include online games, text messaging voting, ring tone and wallpaper downloads. XFMedia plans to integrated M-in’s mobile capabilities into its existing media services, including SMS voting on TV shows and interactivity with radio and print efforts. (release)
Subscriber content
?
Subscriber content comes from Gigaom Research, bridging the gap between breaking news and long-tail research. Visit any of our reports to learn more and subscribe.
Advertisement
Advertisement
Advertisement
Comments have been disabled for this post