Buongiorno buys Rocket Mobile

Italian mobile content aggregator Buongiorno has bought multimedia and messaging firm Rocket Mobile for $17 million. Rocket Mobile may receive an additional $10 million if it achieves pre-determined revenue figures for the next year. Buongiorno has been trying to establish a presence in the U.S. market for some time, beginning with its Buongiorno USA subsidiary-which operates under the brand Dirty Hippo, an off-portal mobile content service. The sale is expected to close in September.

Full details on the sale:
- available via the press release