Friday, February 4, 2011

MySpace Could Be Bought by Giant Mobile Gaming Startup MocoSpace-Couldn't hurt 'em

MocoSpacelogo.jpgMass market mobile social networking and gaming platform MocoSpace has issued a statement expressing interest in purchasing MySpace from parent company NewsCorp. The potential acquirer says the two companies have already begun to talk. It sounds like a logical deal, if it can get done.

MocoSpace is a far-reaching service that began with mobile web social networking, then moved into casual games and last Spring into smart phone apps. The company targets multicultural and youth audiences as young as 14 years old. It has raised $6.5 million in venture capital and is well regarded for its mobile advertising success. MocoSpace serves up 3 billion mobile web pages each month, making it the 4th most visited mobile website online, according to one analyst firm last Spring.

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