Content Companies Unite, Divide
A couple companies announced plans this week to either get together or split up.
UpSnap announced a deal to partner with Nashville-based XSVoice that will allow mobile users to search for and access live and on-demand audio content from mobile devices.
The acquisition, worth about $6.3 million, will enable users to access premier entertainment and news outlets including ESPN Radio, Fox News and more than 100 music and entertainment channels.
The transaction enables UpSnap to provide a mobile search and broadcasting platform that supports the end-to-end requirements of searching and delivering mobile content for all devices and all carriers, according to the company.
In division news, In-Fusio announced it will split into two separate divisions. The company will continue to develop and publish games under it current name, while its games channel management services will be re-branded as a separate division called Mobile Scope.
"Carriers are not only seeking quality content, but also ways in which to maximize average revenue per user," stated Jeffrey Lapin, In-Fusio's chairman of the supervisory board. "With two separate divisions, the company is in a better position to serve our customers' respective needs for both great mobile entertainment and superior games management services."