Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Mobile Media Mergers Jump 46%

Posted by: Olga Kharif on July 2, 2009

According to a new report from investment banker JEGI, mobile media and technology sector had seen a 46% increase in mergers and acquisitions in the second quarter of 2009. In the first half of the year, the mobile industry had struck 16 deals valued at a total of $146 million. That’s up from 11 deals valued at $107 million in the first half of 2008. Impressive.

What is going on? Clearly, activity in this sector has nothing to do with distress. Use of mobile content and applications is exploding. And companies large and small are in a land grab mode, acquiring small and promising start-ups in hopes of increasing their mobile presence. IAC and Amazon made investments in iPhone applications recently. Amazon also acquired mobile app maker SnapTell and mobile payments player Boku. “Mobile social networking and mobile content are other key areas of investment,” according to the report. Yes, times are good if you are a mobile entrepreneur.

Post a comment



Bloomberg Businessweek writers Peter Burrows, Cliff Edwards, Olga Kharif, Aaron Ricadela, and Douglas MacMillan, dig behind the headlines to analyze what’s really happening throughout the world of technology. Tech Beat covers everything from tech bellwethers like Apple, Google, and Intel and emerging new leaders such as Facebook to new technologies, trends, and controversies.



BW Mall - Sponsored Links

Buy a link now!