LX Ventures Completes Purchase of Mobio Technologies
Vancouver's LX Ventures, a publicly traded business incubator, has completed its previously announced purchase of Vancouver-based Mobio Technologies Inc., a developer of identity and trust solutions. LX Ventures acquired the company for approximately $400,000 in stock, plus revenue sharing. Mobio was a portfolio company of Rho Canada Ventures and raised venture capital funding in 2011 and 2012.
24 May 2013•3 mins read
