Lenco Mobile proposes $42M merger deal
IN THIS ARTICLE
- Banking & Finance Topic
- Stephen Nellis Author
By Stephen Nellis Friday, December 2nd, 2011
Santa Barbara-based Lenco Mobile, a mobile marketing and advertising company, plans to merge with San Jose-based iLoop in a transaction the companies value at $42 million. Lenco is a company that specializes in giving brand names and wireless carriers a platform to distribute marketing messages through the mobile web, plain text messages and multimedia messaging…