Mobile Media Mergers Jump 46%

According to a new report from investment banker JEGI, mobile media and technology sector had seen a 46% increase in mergers and acquisitions in the second quarter of 2009. In the first half of the year, the mobile industry had struck 16 deals valued at a total of $146 million. That's up from 11 deals valued at $107 million in the first half of 2008. What is going on?

According to a new report from investment banker JEGI, mobile media and technology sector had seen a 46% increase in mergers and acquisitions in the second quarter of 2009. In the first half of the year, the mobile industry had struck 16 deals valued at a total of $146 million. That’s up from 11 deals valued at $107 million in the first half of 2008. Impressive.

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