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Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

April 27, 2006 at 10:41 AM

Wireless Services’ fresh powder

Yesterday, Bellevue-based Wireless Services announced that it acquired Mobile Media for an undisclosed sum to get into the business of delivering high-end content to mobile phones.

To purchase the company, it had to raise money from its venture capitalists. Although CEO Rich Begert was mum on that number, too, he told Dow Jones VentureWire today that the round — when it finally closed — would be around $35 million, making the purchase price somewhere in that ballpark.

That makes it substantially less than the $275 million Amdocs paid for Qpass and the $250 million VeriSign paid for m-Qube.

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