Apple buys Chomp for est. US$50m from Aussie Entrepreneurs

25th Feb 2012. Technology blog TechCrunch and Bloomberg have reported that Apple (NASDAQ:AAPL) has announced the acquisition of San Francisco-based Chomp, which helps users sort through the widening array of software applications for mobile devices, for an estimated US$50 million. Apple has confirmed the acquisition but not the price saying “we buy smaller technology companies […]

Electronic Arts Acquires Melbourne Games Firm Firemint

4th May 2011. Electronic Arts Inc. (NASDAQ:ERTS) today announced an agreement to acquire Firemint Pty Ltd., the leading independent mobile development studio. Based in Melbourne, Australia, Firemint brings a proven powerhouse of creative talent to EAi, with original hits Flight Control and Real Racing for iPhone® and iPad™, and an attractive future slate of games. […]

Mnet Group Sells Ring Back Tones Subsidiary to RealNetworks For Up To A$3.6m

2nd May 2011. Mobile solutions company Mnet Group (ASX:MNZ) has advised that it has negotiated the sale of its wholly owned subsidiary Ring Back Tones Australia Pty Ltd, newly incorporated for the purposes of the assignment of the Ring Back Tones business from m.Net Corporation Pty Ltd to RealNetworks Inc. The sale consideration is a […]

Tobikiri Capital to Privatise E-Pay Asia Telecoms Business for A$8.55m

13th Apr 2011. E-Pay Asia Limited (ASX:EPY) has announced that it has entered into Heads of Agreement with Tobikiri Capital Ltd (Purchaser) for the sale of its operating subsidiaries that hold the Companies telecom businesses, which include prepaid mobile recharge operations in Malaysia, Thailand and Pakistan. The consideration offered by the Purchaser is $8,550,000, to […]

M2 Acquires the Assets of Embattled Mobile Reseller Edirect for A$5m

8th April 2011. Diversified telecommunications services provider M2 Telecommunications Group Ltd (ASX:MTU) has announced that, via one of its subsidiaries, it has entered into an asset sale deed to acquire assets of Darwin-based mobile services reseller, Edirect Pty Ltd. The principal Edirect assets acquired by M2 are active contracts of more than 50,000 post-paid mobile […]

Motopia To Acquire Pro Fantasy Sports in $A1m All Stock Deal

8th April 2011. Mobile marketing firm Motopia Limited (MOT) has announced that it has entered into a Binding Heads of Agreement to acquire all the share capital in Pro Fantasy Sports Pty Ltd in consideration for the issue of 2 million Motopia shares at a premium rate of $0.50 per share to the existing PFS […]

Mint Wireless To Acqire Malaysian Telecoms Services Aggregator J&C for A$1.3m in Stock

25th March 2011 Mint Wireless (ASX:MNW) has announced plans to buy 51% of a Malaysian mobile services developer for $1.3 million in shares, subject to due diligence and shareholder approval. The company said its acquisition target is profitable, and will provide it with operations in Malaysia as well as resources, mobile technology and infrastructure. Mint […]

Fiserv Acquires Kiwi Firm M-Com for Est. US$40m to Enhance Mobile Payments Offering

28th Feb, 2011. Fiserv, Inc. (NASDAQ: FISV), the leading global provider of financial services technology solutions, today announced that it has acquired Mobile Commerce Ltd. (M-Com), an international mobile banking and payments provider, to enhance Fiserv’s existing mobile channel capabilities. The two companies have been partners since 2008, developing and delivering Mobile Money from Fiserv […]

Walt Disney Acquires Aussie iPhone Game Developer Tapulous

4th July 2010. Silicon valley-residents Australians Andrew Lacy and Bart Decrem have sold their apps development studio, Tapulous, to Disney for an undisclosed sum. Their flagship game, Tap Tap Revenge, is the most popular game series on the iPhone App Store, with over 35 million downloads and over a billion songs played. The games are […]

Tel.Pacific Acquires ServiceStream’s MTRM Platform for A$4m

30th June 2010. Tel.Pacific (ASX:TPC) has completed the acquisition of ServiceStream’s (ASX:SSM) MRTM platform, a real time intelligent networking platform, embedded within the network owned by Vodafone Hutchison Australia (VHA). The purchase price is approximately $4m, paid from cash reserves. All relevant IT assets (hardware and software), and IP will be transferred, with appropriate licences […]