Roo Eyes Kamera Acquisition

By Sergio Published on .

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Roo, a digital content management service, has signed a letter of intent to acquire the mobile and online distribution service Kamera for $300,000. Based in Stockholm, Kamera’s clients include MSN, Telefonica and Vodafone. The company earned $2.9 million in revenue in 2007 and expects to reach $5.6 million in 2008. Each company has until April 15 to cancel the deal.
-Sergio Ibarra
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