American Greetings Acquires MIDIRingTones

Authored by Mark Hefflinger on April 28, 2004 - 3:34am.

Cleveland, Ohio -- AG Interactive, a unit of American Greetings, announced on Wednesday that it has acquired MIDIRingTones, a provider of cell phone ringtones and other wireless entertainment. Financial terms of the deal were not disclosed. Greeting cards maker American Greetings said the acquisition is part of its expansion into the wireless market, kicked off with the launch of its AG Interactive division earlier this year. Since its inception in 2002, Minnesota-based MIDIRingTones has secured licensing agreements with over 75 music publishers.
http://biz.yahoo.com/prnews/040428/clw045_1.html
http://www.americangreetings.com 
http://www.midiringtones.com

 



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