Thursday, May 3, 2007

Microsoft Acquires ScreenTonic

Microsoft announced early this morning that it has agreed to acquire ScreenTonic SA, a provider of mobile advertising products. Financial terms of the deal were not disclosed. ScreenTonic SA is a European provider of mobile advertising solutions for mobile operators, and is based in Paris. Microsoft said that ScreenTonic has relationships with some of the largest mobile operators in Belgium, France, and the U.K. ScreenTonic will continue to operate out of Paris after the acquisition.