Silver Lake acquires majority stake in Mobile Messenger, mobile content co.

Silicon Valley buyout firm Silver Lake Partners has acquired a majority stake in Mobile Messenger, a Los Angeles, Calif. provider of technology and services for mobile content management and distribution. Financial terms weren’t disclosed.

Silver Lake invested from its new “Sumeru” fund, focused on small buyout transactions.

Mobile Messenger didn’t say much about where it is making its money, whether its making any money at all, or what sort of clients it has. See statement here. Its product helps manage sales and marketing over mobile networks, including technologies such as SMS/MMS content distribution, campaign creation and management services, media planning and buying, billing process management, customer service and wireless carrier interface operations.

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Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.

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