Phone.com buys Onebox
from the more-consolidation dept
Phone.com announced today that it would buy buy Onebox for $840 million in stock. With a $7+ billion valuation, I guess Phone.com has alot of money to throw around, they’ve been on a buying spree lately..
Comments on “Phone.com buys Onebox”
Seems a little odd
This was a bit of a surprise, and I think it may have been prompted by Phone.com having too much stock funny money. Onebox had been fairly quiet recently except for a few comments that made it sound like they weren’t sure where they were going. To spend almost a billion on a company like that seems strange. Great deal for the folks at onebox, though…