NeuStar picks up mobile IM company
November 28 2006 - 3:12 pm ET |
STERLING, Va.—NeuStar Inc. said it acquired Followap Inc., a U.K.-based company that provides mobile instant messaging products for Europe and Asia.
The deal is valued at about $139 million.
Followap has a customer base of 17 mobile carriers, including Vodafone, Turkcell, 3 Group, Wind and Mobinil. NeuStar said it expects Followap to generate revenues of more than $25 million next year and more than $50 million in 2008.
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