Telephony LIVE

THE 2008 TELECOM SUMMIT

Introducing Telephony Live: The 2008 Telecom Summit -- the second annual, two-day conference from the editors of Telephony magazine.

Learn more

         Subscribe in NewsGator Online   Subscribe in Bloglines

Motricity buys InfoSpace mobile unit

more on the topic

More Related Articles

InfoSpace today said it is selling its mobile services unit to Motricity for $135 million in cash, making a leaner Web services company focusing on online search.

Motricity officials said the two companies’ mobile platforms compliment each other well--InfoSpace’s mCore platform and Motricity’s Fuel platform offering many of the same storefront, messaging, portal and managed Web services. InfoSpace, however, brings to Motricity’s portfolio a powerful mobile search function, originating from the company’s core Web search technology. The combined platforms will also give Motricity a broader customer base. Motricity officials said the acquisition will increase its penetration in North America from 7 to 10 of the top 12 carriers, and its portal services will power the start screens of 5 of the top 6 operators.

InfoSpace last month announced the sale of Switchboard.com, its mobile Web services directory, to Idearc for $225 million. The sale announced today would further slim down the company so it can concentrate on its sole remaining business. “With these transactions, InfoSpace will be solely focused on online search,” Jim Voelker, chairman and CEO of InfoSpace, said in a statement. “Our search business is highly scalable and continues to generate strong cash flow.”

InfoSpace builds private-label search portals such as Dogpile.com that aggregate the results of other search engines. The Motricity deal is expected to be completed in three months and will result in the mobile services unit going private under Motricity’s umbrella. Current Motricity CEO Ryan Wuerch will remain in his current role, while InfoSpace executive vice president of mobile services Steve Elfman will become Motricity’s president and chief operating officer.

Get Updates Via Email

related resources

popular articles

Want to use this article? Click here for options!
© 2008 Penton Media Inc.

Webcasts

WEBCAST

Telephony’s Inside Telecom Live: Building an efficient IPTV content supply chain

Find out! Watch Telephony's LIVE Webcast July 23, 2PM ET/11AM PT. Telephony will delve into what is required to create an efficient IPTV content supply chain. LEARN MORE or REGISTER NOW.

White Papers

WHITE PAPER

New Backhaul Networks for Mobile Broadband

Heavy Reading Research Senior Analyst Patrick Donegan discusses the exciting possibilities of High Speed Packet Access, CDMA 1X EV-DO, and Mobile WiMax. DOWNLOAD NOW

Podcasts

PODCAST

A Telephony Podcast: Mobile’s virus threat

Gareth Maclachlan, CTO of AdaptiveMobile, speaks with Associate News Editor Sarah Reedy about the growing mobile virus threat.LISTEN

Blogs

BLOG

What happened at NXTcomm08

Recuperating from the big show, here are some reflections on some of the more prominent themes amid activity at the show... READ

E-Books

E-BOOK

READ E-BOOK: MANAGING THE CUSTOMER EXPERIENCE

This e-book explains how to keep your customers happy, reduce churn and strengthen profits. Sponsored by CA’s Wily Technology Division. READ NOW!

TV

TV

Interview with Jim Hansen of Embarq at NXTcomm08

Tune in to Telephony TV to watch an interview with Embarq's Jim Hansen at NXTcomm08. WATCH IT NOW.

  • Telephony Content
  • Telephony Content

current issue

Current Issue

July 14, 2008

The chip-making giant is again driving into the wireless processor pool, expecting to make a bigger splash as computing gains prominence in mobile devices. Read Now

NXTcomm08 Show Daily News

Get up-to-the-minute news from NXTcomm08 -- before, during and after the show! Hear interview podcasts, announcements, commentary and more. Visit www.nxtcommnews.com!

more news

Global >>

MORE

Ethernet >>

MORE

Independent >>

MORE

IPTV >>

MORE

IMS >>

MORE

WiMax >>

MORE

VOIP >>

MORE

FTTX >>

MORE

Access >>

MORE

Broadband >>

MORE

Wireless >>

MORE

Software >>

MORE

Podcasts >>

MORE

Get Updates Via Email

Browse Issues

  • July 14, 2008
  • June 30, 2008
  • Jun 16, 2008
  • May 19, 2008
  • May 5, 2008
  • Apr 28, 2008
  • Apr 14, 2008