For-side.com U.K., a wholly owned subsidiary of For-side.com of Japan, announced August 9 that it will invest 8 million Euros ($9.8mil) in London-based leading content provider iTouch in mid-August in order to further accelerate its business globalization effort. For-side.com U.K. will own a 4.5% stake in iTouch. With For-side.com’s financial support, the UK partner plans to acquire Jippii, the leading content provider that mainly operates in Russia, to expand its service offerings in Europe.

iTouch is currently offering a wide variety of mobile content services in Europe, South Africa, and Australia, and generated sales of 12.5 billion yen ($112.6mil) in the mobile content business in fiscal 2003. According to Corporate Finance Partners, the mobile content market in Europe is expected to grow 133.2% to 446.8 billion yen ($4.03bil) between 2003 and 2006. Via: Japan Corporate News Network

Related posts:

1. Vindigo Studios Acquired by For-Side.com Co., Ltd.
2. Mitsui Invests in Mobile Multimedia
3. Index to Acquire 123 Multimedia
4. Mobile Industry Booming Japan
5. KDDI Invests in American MVNOs

Some sage advise when entering new turf; Stop, Look and Listen.. it’s also good to secure a local guide. Japan is the cradle of mobile civilization – we have been dedicated to this space since 2001 – trust our archives here offer some useful material.

Domestic activities continue to set the pace, and sharp players are looking at global markets. We have hard-earned industry expertise and trusted network of contacts with access to advanced intell. and potential deal flow. Need a lift.. Ok, buckle-up!