October 28, 2014

Messaging App Nimbuzz Goes To UK’s New Call In $250M Deal

india smartphone use Yet more consolidation in the messaging app business: Nimbuzz, an early mover in messaging that currently has 200 million+ users with a large number of those in India, has been majority acquired by New Call. The UK-based provider of low-cost fixed line and broadband services has taken a 70 percent stake in the business for $175 million, valuing the full company at $250 million according… Read More

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