Return to search

Mobixell To Acquire Adamind

Mobixell Inc., a Wellesley, Mass.-based provider of mobile multimedia solutions, has agreed to acquire the assets of Adamind (LSE:ADA), a Palo Alto, Calif.-based supplier of media adaptation software for the mobile messaging, content, and convergence services markets. The deal reportedly is valued at around $5.5 million. Mobixell has raised around $23 million in VC funding from firms like Apax Partners, Comverse Investments and Intel Capital.