Monday, March 17, 2008

NMS Acquires Groove Mobile

LiveWire Mobile, a subsidiary of NMS Communications, has acquired privately-owned Groove Mobile,

a leading provider of mobile music solutions based in Bedford, Massachusetts, for $14.5 million. The acquisition will enable LiveWire Mobile to meet operators' growing demand for a portfolio of managed services, including ringback tones, ringtones, full track music and video downloads, delivered through an integrated storefront.

Groove Mobile claims 12 global mobile operator customers, including Sprint, 3 UK and Bell Mobility as well as relationships with the major music labels including EMI, Sony BMG, Universal Music Group and Warner Music Group.

In December 2007, NMS announced the creation of LiveWire Mobile as a separate division delivering mobile personalization services to operators.http://www.livewiremobile.com

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