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payvia Buys Mogreet

socalTECH

Los Angeles-based mobile carrier billing service Payvia has acquired fellow Los Angeles firm Mogreet , the two companies said this morning. Financial details of the acquisition were not announced. According to payvia, the deal will allow it to offer a solution which includes mobile payments, user targeting and mobile marketing.

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Payvia Becomes Outspoken, Focuses On Mobile Marketing

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The company also said it has launched a new product, aimed at video transcoding for clients on a wide range of mobile devices. The shift comes about ten months after the acquisition of SMS and MMS marketing company Mogreet by Payvia. Payvia had previously been focused on mobile payment and carrier billing services.