Spaniards back on the acquisition trail again, according to web reports.
Blog Quintura says that Zed has paid more than $5 million for a 51 per cent share in Temafon, which is part of Tema Mobile Media.
Temafon is the exclusive aggregator of Russian-based mobile content to operator Beeline/VimpelCom, which owns an indirect minority share in the aggregator.
Zed already owns another Russian business, Infon, through its acquisition of Monstemob. T
The move continues Player X's strategy of buying companies with close operator relationships. In early May, it acquired UK mobile games aggregator and distributor Player X.
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