Microsoft picks up minority stake in Affle

Microsoft has picked up a minority stake in mobile marketing firm Affle. Size of the deal was not revealed.  Windows Live and MSN will use Affle’s SMS 2.0 service to distribute content on mobiles and will also provide access  to a large mobile ad inventory.

Affle has signed already partnerships in place with Airtel, NDTV Convergence etc.

via release

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