VeriSign, Inc., a provider of infrastructure services for the Internet and telecommunications networks, will acquire Jamba! , a German wireless services company, for approximately $273 million in cash and stock.
The acquisition, subject to German regulatory approvals, is expected to close by the end of June.
Jamba! serves millions of wireless subscribers in nine European countries through distribution and billing relationships with several carriers. In addition, Jamba! has worked with leading content publishers to build a downloadable library of over 50,000 individual products, including popular music, graphics, games and applications.
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