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February 15, 2006

Munich Mobile Agency 12snap Bought by NeoMedia for $22M

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NeoMedia Technologies (OTC BB: NEOM) has paid $22M for 12snap, a Munich-based mobile phone marketing agency. The deal sounds good at first blush, however, 12snap had raised over $39M since 1999 from firms Apax Partners, Argo Global Capital, Cdb Web Tech and BlueRun Ventures.

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12Snap Created An Mobile App To Promote the Movie Madagascar

Posted on February 15, 2006 09:50 PM | Posted to Wireless | Permalink

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