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Norwegian Wireless Content Firm Telitas Launches in U.S., Acquires Proteus

Authored by Mark Hefflinger on April 22, 2004 - 3:40am.
New York -- Telitas, a Norwegian mobile content distributor, announced on Thursday its expansion into the U.S. and acquisition of D.C.-based mobile entertainment publisher Proteus. Financial terms of the acquisition were not disclosed. Telitas said it will hold offices in New York and Los Angeles, and named Greger Larson chairman of Telitas US. The company also announced the hiring of Kenneth Krushel as CEO, as well as Russell Kagan and David L. Simon, who will focus on developing wireless content applications. The company said it will leave the management team at Proteus in place, with Krushel holding the additional title of Proteus' CEO. Protues has created wireless entertainment applications for companies including Fox Sports, HBO, ABC Enhanced TV and Discovery Communications.
tags: U.S. | Norwegian Wireless | Telitas |