WPP Digital, the digital investment arm of WPP, has acquired a minority interest in Mutual Mobile, Inc. (“Mutual Mobile”), a mobile product development agency. Mutual Mobile builds technology products for its clients that allow for better communication and transacting across any mobile devices and all operating systems, wherever the consumer may be.
Mutual Mobile’s unaudited revenue as of 31 December 2012 was US $25.7 million with total net assets of approximately US $4 million. Clients include Google, Pearson, Cisco and Xerox. Based in Austin, the company employs 320 people.
For the full story click WPP