Jajah to be acquired by Telefonica O2 for USD 200 million
www.WirelessFederation.com/news: Jajah, a VoIP services provider, will be acquired by Telefonica O2 in USD 200 million deal. Earlier, Techcrunch reported in the beginning of November that Microsoft and Cisco Systems were also looking to
buy Jajah for a price ranging from USD 200 million to USD 400 million.
Jajah introduced a VoIP service for mobile phone owners using internet in March 2006 and raised USD 28 million in VC funding from investors like Sequoia Capital, Globespan Capital Partners, Deutsche Telekom and Intel.
Currently, Jajah provides calling access to more than 200 destinations globally and serves over 25 million consumers and business callers in more than 122 countries.
Mobile Advertising Firm Amobee Closes Second Round—$15-20 Million Rumored
Israeli mobile advertising company Amobee has closed its second round of funding. Accel Partners and Sequoia Capital (who invested $5 million in the first round) both participated and were joined by Globespan Capital Partners. The amount of funding for the second round wasn’t disclosed, but Globes cites sources as saying that it was between $15-20 million, which would make it a huge round.
The company has built a mobile ad-serving solution and serves to WAP, Video & Music, SMS, MMS, and games. The cmpany has been conducting trials with operators.
