THQ Wireless Sells to Mobile Advertising Company 24MAS

Stockholm-based 24MAS has acquired THQ’s wireless division. The overlap between the two is not readily apparent: THQ Wireless develops mobile games and 24MAS is focused on mobile advertising, content distribution, cloud services and application hosting. In a release, 24MAS said it was drawn to THQ’s distribution network, which includes deals with major carriers in more than 80 countries. Terms of the acquisition were not disclosed.