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.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald