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February 15, 2006
Munich Mobile Agency 12snap Bought by NeoMedia for $22M
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.

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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