Jesta Group acquires Fox Mobile Group from News Corp

Thursday 23 December 2010 | 09:04 CET | News
Jesta Group has acquired global entertainment provider Fox Mobile Group (FMG) from News Corp. FMG includes consumer brands such as Jamba, Jamster, Mobizzo and iLove, as well as Bitbop, a mobile video service and entertainment platform launched in the US early this year. FMG, which will be renamed and become a part of Jesta Mobile Holdings, is co-headquartered in Berlin, Germany, and Beverly Hills, California, and operates in North America, Europe, South America and Australia. The transaction was completed on 22 December. Financial details were not disclosed.

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Categories: Mobile & Wireless
Companies: Fox Mobile Group / Jamba / News Corp
Countries: World
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