This is exciting to me because of the mention of an 8% stake in the company the selling company is getting. I hope Fred and Tony are thinking in this same fashion! This company deals in patents. They are starting off the new year with a real bang! We have patents I wonder what might be in the works with those that want to utilize them. Note also how the selling company is not selling all their patents. Plus the selling company still exists and works to safe guard the other companies products. Reminds me of how the studios loved our digEplayer because of the security to allow first run movies!!

Under terms of the agreement, Infomedia will acquire ******* mobile technology business, its partnerships and patents related to those technologies.

In exchange, ****** receives an 8% stake in the Company and will license certain intellectual property assets to Infomedia to support, identify and protect new intellectual property. If certain conditions are met, the transaction is expected to be completed by March 31, 2014.

"The team at Infomedia is excited to add ******** technology, product offering and research and development knowledge base to our business. This acquisition will accelerate our growth by providing Infomedia with a global distribution network for our expanded product portfolio. Our partnership with ******* will enrich our ability to cultivate and protect new technology by leveraging ********intellectual property rights expertise."