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Re: Personalizit post# 302453

Wednesday, 02/26/2014 11:56:39 PM

Wednesday, February 26, 2014 11:56:39 PM

Post# of 326435
Speaking of Infomedia: They are no stranger to acquisitions:
http://finance.yahoo.com/news/infomedia-acquire-vringos-mobile-platforms-133101218.html;_ylt=A0LEVzuwxA5TSDsARzZXNyoA;_ylu=X3oDMTExcTdidDdsBHNlYwNzcgRwb3MDMQRjb2xvA2JmMQR2dGlkA1VJQzFfMQ--
NEW YORK - January 2, 2013 - Vringo, Inc. (VRNG), a company engaged in the innovation, development and monetization of intellectual property and mobile technologies, today announced that it has entered into a definitive agreement with Infomedia Services Ltd. pursuant to which Infomedia will acquire Vringo`s mobile partnerships, application business, and a portfolio of internally developed patents related to those technologies.

Infomedia is a leading provider of customer relationship management and monetization technologies to mobile carriers and device manufacturers. By combining Vringo`s research and development center with its existing operations, Infomedia will be positioned to create a more integrated global product offering for delivery into carriers, OEMs, and enterprise partnerships.

Under the terms of the agreement, Infomedia will acquire Vringo`s mobile technology business in exchange for an equity stake equal to approximately 8% of Infomedia. Vringo will license certain intellectual property assets and support Infomedia to identify and protect new intellectual property. In addition, Andrew D. Perlman, Chief Executive Officer of Vringo, will join Infomedia`s Board of Directors. The transaction is expected to close upon the satisfaction or waiver of certain closing conditions which are anticipated to be completed by March 31, 2014.

(Creative financing/deals are out there)

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