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Mobile media company JiWire acquires NearbyNow

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San Francisco—JiWire, a location-based mobile media company, announced Tuesday that it has acquired NearbyNow. Financial terms of the deal were not disclosed.

NearbyNow offers mobile location technology that enables users to view product catalogues and see whether a product is available at a nearby location. JiWire said it plans to combine its existing location-based advertising platform with NearbyNow's ad platform to increase the ways in which advertisers can reach new local customers.

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