Mobile Marketing Firm Velti Acquires Media Cannon

Velti, a mobile marketing firm that is trying to raise up to $200 in a U.S. IPO, has acquired Media Cannon for an undisclosed sum.
Media Cannon’s web site is already re-directing visitors to Velti’s. Velti said that the acquisition provides them with technology platform to provide a rich mobile advertising experience, including
Trusted sources sais that Velti is about to acquire a Mobile Marketing company specialised in SMS Campaigns that islocated in Greece