Mobile Banking Provider Clairmail Sells to Monitise for $173 Million

A big payday today for one of the companies competing in the ultra-competitive mobile banking space. U.K.-based Monitise has agreed to acquire Clairmail of San Rafael, Calif., for $173 million, pending regulatory and shareholder approvals. Together, the two companies will provide banking technology to financial institutions worldwide.

Source: http://allthingsd.com/20120326/mobile-banking-provider-clairmail-sells-to-monitise-for-173-million/

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