WIN invests brass in Pocket Group

Mobile media, entertainment and communications services provider WIN has acquired Pocket Group for a consideration of up to £4.5m


High Wycombe based mobile media, entertainment and communications services provider WIN has acquired Pocket Group for a consideration of up to £4.5m.



Pocket Group, based in London, provides mobile technology, content and marketing services to over 50 operators across the world and specialises in mobile music and video content.



WIN said this latest acquisition would extend its operations into new territories, such as Ireland, France, Holland and Asia, and strengthen ties with Orange and O2.



Mobile operators are increasingly moving toward a category management solution for content services, which fits with Pocket Group’s music-focussed content.



WIN will pay an initial consideration of £1.037m in cash on completion, together with a further three payments, dependent upon the performance of Pocket Group up to March 2009.