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ExclusiveMobile banking business Monitise acquires US-based Clairmail

Mobile commerce business Monitise plc has agreed to acquire US-based mobile banking company Clairmail Inc. The deal, which is subject to regulatory approval, values Clairmail at approximately £109 million.

Around 13 million end-users are currently served by the two businesses.

ExclusiveLondon Overground to receive free WiFi from The Cloud

WiFi hotspot provider The Cloud is installing free WiFi at all 56 London Overground stations from this summer. Rollout is expected to be completed by the end of the year.

The news follows just over a week after Virgin Media’s announcement that it’s installing WiFi services at London Underground stations.

ExclusiveMicrosoft and Nokia invest in mobile application developers

Microsoft and Nokia are each committing to invest up to €9 million (a total of around £15 million) into a mobile application development program at Finland’s Aalto University during the next three years.

It’ll be called AppCampus, it starts from May 2012 and it’s been set up to encourage the creation of innovative mobile applications for the Windows Phone, Symbian and Series 40 platforms.

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