Wireless - Thursday, March 29, 2007
Liberty Media's TruePostion Buys Mobile People Finder Tech's Useful Networks
TruePosition, which sells wireless location solutions and is a subsidiary of Liberty Media has bought Useful Networks.
Useful Network's technology allows social networks, local search companies, mobile advertisers, and mobile gaming companies to add location-based elements to their services while keeping user location data secure and protected in accordance with wireless carrier policies. Useful was recently founded, in 2006, and has yet to get out to the market.
Useful was founded by Brian Levin, who previously started Mobliss, which built the SMS text voting
system for American Idol.
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