Buongiorno acquires Freever

Buongiorno Vitaminic SpA, an Italian multinational and one of the world’s leading groups in the mobile value-added service (VAS) sector, has signed an agreement for the acquisition of a 100 percent stake in Freever, a leading European company in the Mobile Community sector.

The Mobile Community sector joins mobile telephone users together into groups based on shared interests through services like Chat and Messaging — the resulting content is therefore based on relationships between members of the community. The sector of the mobile-phone based communication and entertainment services market is expected to be worth approximately Euro 1 billion in Europe alone by 2009.

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