Filed in archive News by tom on January 28, 2007

Venture Capital firm 3i has decided to withdraw from its investments in the mobile space.

Ian Lobley, a senior partner at 3i, told AC Euro that its ivestments in mobile sector have been broad, and not so focused on say mobile content. Investments that have worked: "Investments around the semiconductor area, CSR, Sychip, Ubinetics - have been a great area for us. But middleware and software to the handsets has been good too: Magic4, Trigenix, and Bitfone. Even content, K-mobile was a content company."

3i have historically had problems understanding investments in certain industry areas (such as online games), and it seems the mobile content industry is the latest.

Via MocoNews

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Permalink: 3i Pulls Out of Mobile

Tags: mobile investment 2007 wireless rfid pulls+mobile mobile+technology mobile+phones

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Vote for 3i Pulls Out of Mobile:

Currently 9.00/10
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Rating: 9.00 out of 3 vote(s) cast.

Response from: Miki (01/29/07 12:11pm)

Mobile content and mobile software is a most profitable ways now..

Response from: Simon (02/09/07 9:52am)

Interesting decision, who's their ideologic inspirer?! :)

Response from: Azim (02/13/07 6:26am)

Thanks for this post, it was very good!

www.slickfones.co.uk

It helped me, nice blog you got.

Response from: Mobiltelefon (01/02/08 12:15pm)

Nice information, thanks

Response from: freeporn (01/28/09 3:38pm)

Find more recent entries from our other publications:
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Response from: neon tabela (09/17/09 12:35pm)

Nice information, thanks

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