Tuesday, May 01, 2007

MobileMail puts money into TxtNation

MobileMail To Buy Into TxtNation

UK-based MobileMail has announced plans to buy 49 percent of compatriot txtNation for 1.25 million pounds (US$2.5 million) in cash and US$7 million in stock over an 11 month period. TxtNation provides mobile messaging, content and billing services, and MobileMail (which targets the PC-to-mobile communication market) is buying into it with plans to provide an end-to-end solution for companies in the mobile industry.

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