Axelmark, a subsidiary of Septeni Hodings providing contents for mobile phones and a listed company on TSE Mothers, announced to merge Froute, mobile search service operator, at October 1. As a contents market for feature phones is hitting a wall, it aims to become a total contents distributor for mobile combining know-how of both companies.
Axelmark is a surviving company and Froute will be dissolved.
ITmedia 6/16/2011
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