LINK Mobility Group ASA signs Term Sheet regarding acquisition of Totalconnect in Italy
LINK Mobility Group ASA ("LINK"), one of Europe's leading and fastest growing providers of B2C mobile messaging and mobile services, has entered into a term sheet regarding the acquisition of Italian mobile messaging company Archynet s.r.l. ("Totalconnect"). Totalconnect was established in 1998, and is located in Turin in Italy. Totalconnect has a strong position in the Italian market with direct interconnect with the Italian mobile operators. It is one of the leading mobile messaging and marketing providers in Italy and has launched many new services within this space over the last