Breaking News: Will Zed Buy Monstermob?

WILL ZED BUY MONSTERMOB?

MonsterMob, a channel much like Jamba, is financial problems according to several sources. MocoNews reports the possibility of a takeover by Spanish based Zed, who is currently promoting their mobile games download service on several spots and also active in the UK. The takeover could mean the joint entity will become one of the biggest off portal channels in the UK. If the deal doesn’t pull trough, it will be at least six months before the next possible buyer can be attracted. With the latest developments, I guess it wouldn’t be strange for a company like Swisscom to be interested as well.

UTV BUYS ITSELF INTO INDIAGAMES

Moconews reports UTV has bought 51% of the shares in IndiaGames. They spend a total of $ 29 million on the purchase. Moconews expects the shares to have come from TOM Online who used to be the majority shareholder. IndiaGames reported a $ 5 million annual revenue for it’s last fiscal year and houses 270 employees. TOM Online is also reported as shareholder in Hutchinson. If they really sold off their share in IndiaGames, what will they do with the Hutchinson shares?

MINICK ACQUIRED BY SWISSCOM MOBILE AG

Swisscom announced it has purchased 100% of the Minick shares. Minick, formerly 50% owned by THQ Inc., is a specialist in platforms and aggregation of mobile content and games. The purchase allows Swisscom to expand into closely related business area’s. Financials where not disclosed. For now Swisscom does not plan any changes within Minick.

INFOSPACE TO SELL IT’S GAMES DIVISION?

The industry is always full of rumours, but sometimes… they are just to hard to ignore. I personally heard from more then ten sources that InfoSpace is at the point of selling the mobile games department. To who or at what price is not certain yet as rumours are to diverse about that. Anyway, let’s keep an eye on what will happen in the coming days, weeks or even months.

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