Singapore Telecommunications Ltd., or SingTel, said Monday that it would pay $321 million to acquire Amobee Inc., a Redwood City, Calif.-based developer of mobile advertising technology. Amobee has raised venture financing from investors including Cisco Systems, Motorola, Telefonica, Vodafone, Accel Partners, Globespan Capital Partners and Sequoia Capital. SingTel is 55% owned by Singapore sovereign investor [...]
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Telefónica has acquired JaJah Inc., a Menlo Park, Calif.-based Internet telephone company, for €145 million in cash. JaJah had raised nearly $28 million in VC funding, from firms like Globespan Capital Partners, Intel Capital, Deutsche Telekom and Sequoia Capital.