Jumbuck Acquires Plutolife For $3.7 Million

Australian mobile content firm Jumbuck (ASX: JMB) scooped up Plutolife AS, another mobile social networking company, in an acquisition valued at $3.7 million, Mobile Entertainment reports. Plutolife was the subsidiary of Swiss-Norwegian games developer Funcom, which is based in Oslo, says it has more than a million users in 16 countries using services such as Mobilove dating, Mobiflirt speed flirting and Mobimodels blogging and pictures. This marks yet another acquisition for Jumbuck, which recently picked up OZtion, an online auction community with more than 300,000 users. Melbourne-based Jumbuck says it has more than 15 million users globally.

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