Options Media to Acquire Illume Software

Options Media Group is to acquire Illume Software, a venture-backed Boston-based mobile software company. Illume boasts an advisory board of prominent business, political, financial and technology leaders that includes US senator Bob Kerrey, US senator Tom Daschle, Leo Hindery Jr., ex CEO of ATT broadband and founding partner of the Intermedia fund, who has already joined OMG’s board, Fay Vincent, past vice chairman of The Coca-Cola Company, and William Elfers, managing director of Fidelity Capital and chairman and CEO of Community Newspaper Company, a Fidelity Capital subsidiary.