Wednesday, August 22, 2007

Medio Buys Suhari

Seattle-based Medio Systems, a provider of mobile search and advertising products, said Tuesday that it has acquired Suhari LLC, a mobile advertising firm. FInancial terms of the acquisition were not disclosed. Medio said that the acquisition is strategic to its efforts to extend its on-deck search products to off-deck publishers. Medio said that Suhari's two founders and team will join its mobile advertising team. Medio is venture backed by Accel Partners, MDV Mohr, Davidow Ventures, Frazier Technology Ventures, and Trilogy Partners.