M&A Activity Geographically - A Closer Look
One of the reasons we like working with companies such as Nexit Ventures is that they offer a ton of quality material to us that would previously be available for only the selected few. This time, we'll be taking a closer look at the M&A activity geographically on a more closer level. You should also read our articles in this series Why Being Sold To The US Is A Big Deal and So Who's Doing The Shopping In The US? The Big Eleven.
Every Time A Chinese Social Network Looks To Ericsson For Content, A Startup Dies
Ericsson announced yesterday morning that they have completed a partnership agreement to bring mobile applications to Kaixin001, a Beijing based social network with 50 million users. The press release mentions that photo sharing, SMS alerts, and location based services will be the first applications. The fact that Kaixin001, a startup itself, has chosen Ericsson as content partner should be interpreted as huge missed opportunity for all startups developing mobile applications in Northern Europe, and I'll tell you why.
