Air2Web Buying MindMatics

Air2Web Inc., an Atlanta-based provider of wireless applications and content gateway services, has agreed to acquire MindMatics AG, which offers similar services in the European marketplace. No financial terms were disclosed for the deal, which is expected to close later this month.

Air2Web has raised over $76 million in VC funding since its 1999 inception, from firms like The Carlyle Group, Jupiter Ventures and Vantage Point Venture Partners. MindMatics backers include T-Mobile Venture Fund, Tempo Capital and Holtzbrinck Ventures