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Augme Technologies acquires JAGTAG for $5.5 million

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New York—Augme Technologies, a mobile marketing technology company, has completed its acquisition of JAGTAG, which develops multimedia technology for smartphones and other mobile devices. The purchase price was $5.5 million, including stock and cash. Under the acquisition, JAGTAG will be merged into Augme Technologies' operations in New York. Edward Jordan, previously CEO of JAGTAG, will become CFO at Augme. In addition, JAGTAG's 10 employees have joined Augme.
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