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Weekly News Digest

January 7, 2014 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

CLICK HERE to view more Weekly News Digest items.

INFOMEDIA Acquires Vringo, Inc.

INFOMEDIA, a U.K.-based provider of customer relationship management and monetization technologies, signed an agreement to acquire Vringo, Inc.’s mobile partnerships, application businesses, and a portfolio of its internally developed patents related to those technologies by March 31, 2014. The agreement is designed to help INFOMEDIA reach a worldwide audience with an integrated product for mobile content publishers, carriers, and device manufacturers.

INFOMEDIA will combine its existing operations with the research and development center of Vringo, which develops and monetizes intellectual property (IP) and mobile technologies. Vringo will license a selection of IP assets and work with INFOMEDIA to identify and protect new IP.

“This acquisition will accelerate our growth by providing Infomedia with a global distribution network for our expanded product portfolio. Our partnership with Vringo will enrich our ability to cultivate and protect new technology by leveraging Vringo’s intellectual property rights expertise,” says Michael Tomlins, INFOMEDIA’s CEO.


Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

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