The rumblings of the rumor mill were right.

Bee Media Inc., a hugely popular and growing mobile shopping platform, has confirmed rumored plans that the company was moving toward an acquisition of Adcentricity Inc., a location-based digital media technology firm.

Based on details revealed in today’s formal press release from Bee Media, the newly formed Adcentricity announced the availability of two new products that supposedly make it easier for advertisers to develop hyper-local campaigns.

Continue Reading

This week, daily deal giant Groupon announced that it is acquiring social recommendation and discovery app Ditto.

For Groupon, this is just the latest in a line line of acquisitions and bold moves that continues to make the company a major force in this burgeoning market.

Financial terms of the deal were not immediately disclosed.

Continue Reading

When you’re as big as Facebook, you can easily drop $1 billion on Instagram and still have plenty of cash left over to make additional acquisitions.

This week, news came to light that Facebook has acquired Tagtile, which helps businesses run mobile loyalty programs and deploys customer management solutions.

Although we don’t know what Facebook paid for the company, the team at Tagtile certainly sounds excited.

Continue Reading

Myriad has facilitated the creation of what’s being billed as the biggest mobile social messaging business in the world.

On Monday it was announced that Myriad Group has reached the required shareholder approvals to acquire UK-based Synchronica.

“This deal will create a powerhouse in the rapidly growing sector of mobile-social convergence,” said Simon Wilkinson, CEO of Myriad. “It will establish a global service organization serving over 100 Carriers and 25 OEMs around the world. At a stroke, it increases the addressable base for our award-winning product portfolios to over 1.8 billion subscribers with pre-installation of our products in over 100 million new devices each year.”

Continue Reading

It was announced this week that Intuit has reportedly paid between $80 and $100 million to acquire a three-year old mCommerce firm out of Boston called AisleBuyer.

“We realized we have a shared vision about creating an end-to-end shopping experience,” said Andrew Paradise, found and CEO of the three-year old AisleBuyer.

The shared vision refers to the desire of both Intuit and AisleBuyer to help shoppers enjoy the benefits of mobile in their retail endeavors.

Continue Reading

SAP has formally announced plans to acquire Syclo upon receiving applicable regulatory approval.

“Today’s announcement is the next step in delivering a fully-integrated mobile platform and enterprise application portfolio to both Syclo and SAP customers,” said Syclo CEO Rich Padula.

Although financial terms of the deal were not disclosed, SAP will reportedly focus on enterprise mobility and tap into Syclo’s expansive expertise in building and selling mobile solutions in diverse industries.

Continue Reading

It’s not quite the monumental acquisition that Facebook’s purchase of Instagram was, but it certainly highlights the rush by successful companies to build upon their mobile marketing platform through acquiring tools and talent whenever necessary.

To that end, SUMOTEXT Corporation announced Wednesday that it has acquired g8wave Mobile, the mobile marketing division of The Phoenix Media/Communications Group, the owner and operator of multiple publishing, broadcasting, and digital properties.

In addition to its weekly newspapers which include the Boston Phoenix, the Providence Phoenix, the Portland Phoenix and El Planeta, the 46 year old media company operates radio station WFNX Boston, Stuff Magazine, Mass Web Printing, and publishes the official yearbooks for the Boston Celtics and the Boston Marathon.

Continue Reading