Crazy Frog Spreads Its Empire

VeriSign, the company behind "that annoying thing" - aka the Crazy Frog ringtone is buying m-Qube, a developer of, and billing platform for mobile content, applications and messaging services. m-Qube delivers premium messaging and content services that can reach more than 200 million wireless subscribers in North America. The company's intelligent application platform powers hundreds of mobile storefronts and marketing campaigns for customers including Sony Pictures, CBS, Major League Baseball Advanced Media, Warner Music Group, Reuters, GQ, Virgin Mobile Canada and Telus Mobility.

Last month, VeriSign acquired 3united, a wireless applications service provider that counts SingTel, Hutchinson3G, Mobilkom/Vodafone among its customers. Earlier this month, VeriSign acquired Kontiki, which provides managed peer delivery systems for high-quality video and digital content.

m-Qube, based in Watertown, Massachusetts, is privately held with 200 employees across North America. The acquisition price is US$250 million dollars net of cash.

 

 

 

 

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Posted to the site on 21st March 2006