VeriSign continues mobile content expansion

VeriSign has further expanded its mobile content offering with the acquisition of m-Qube for $250m (£147m).

M-Qube has developed a wireless gateway platform which allows content providers and marketers to deliver video, chat services, news and other material to mobile phone customers.

M-Qube’s platform is currently being used to deliver content to about 200 million mobile phone users in North America, via mobile operators there. VeriSign will now try and expand m-Qube’s customer footprint into other markets.

Companies such as of Sony Pictures and Warner Music are already using the m-Qube technology to deliver content to end-users in North America.

VeriSign, which is better known for its security solutions, recently completed the £40m acquisition of wireless applications developer 3united Mobile Solutions.

Last week, VeriSign also bought broadband content technology company Kontiki for £36m. The Kontiki platform securely distributes copyrighted content, such as films, software and music.