Adenyo Buys KinetX Assets

Adenyo (f.k.a Silverback Media), a Toronto-based provider of mobile marketing software, has acquired IP, software assets and a specialized business unit from KinetX, an aerospace engineering consulting and contracting company. No financial terms were disclosed Adenyo recently raised US$26.9 million in financing led by Genuity Capital Markets, and also acquired VC-backed mobile ad company MoVoxx.

15 June 2010•3 mins read
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