Acquires Minority Stake in Affle Holdings; Investment strengthens Itochu's strategic focus in the media and telecom businesses in Asia and beyond; Second such investment in Affle after Microsoft's investment in 2009; Affle also announces that its revenues grew by over 200% in the last 4 quarters; Affle plans to scale its business globally
Tuesday, March 2, 2010
Itochu Corporation Follows Microsoft As A Global Strategic Investor In Affle
Acquires Minority Stake in Affle Holdings; Investment strengthens Itochu's strategic focus in the media and telecom businesses in Asia and beyond; Second such investment in Affle after Microsoft's investment in 2009; Affle also announces that its revenues grew by over 200% in the last 4 quarters; Affle plans to scale its business globally
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