Jamba with exit
Filed in archive Venture Capital by tj on May 25, 2004
"Internet and telecom company VeriSign on Monday said it has agreed to acquire Germany's Jamba, a wireless content provider, for $273 million in cash and VeriSign stock.
VeriSign said the deal could have incremental impact to its June-ending second quarter, when the deal is expected to close, and would be neutral to 2004 earnings per share and modestly accretive in 2005.
Berlin-based Jamba provides wireless content services to millions of wireless subscribers in nine European countries through its distribution and billing relationships with carriers such as Vodafone, T-Mobile and KPN. "
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entrepreneurship jamba exit technology 2003 venture+capital samwer+brothers please+enter
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