U.K.'s Monstermob

U.K.'s Monstermob Buys Mobile Content Firm 9 Squared for $2.9 Million

Authored by Mark Hefflinger on September 1, 2004 - 5:56am.
Denver, Colo. -- Mobile content provider 9 Squared said it has been acquired by British mobile entertainment provider Monstermob for $2.9 million in cash and 22 million deferred shares. Denver-based 9 Squared offers ringtones, images, mobile games and other content from its RingtoneJukebox.com site. It is also launching a ringtone subscription service with China Mobile and offers its products in Thailand and a number of Latin American countries. Monstermob claims 320,000 subscription customers and distributes its products through U.K. retailer Dixons. "With the addition of 9 Squared, Monstermob will respectively provide mobile entertainment applications directly to consumers and through mobile network operators throughout our operating territories in Europe, North and South America and Asia," said Monstermob CEO Martin Higginson.