Docomo to launch public tender offer for Buongiorno
NTT Docomo Inc announced Monday that it has launched a tender offer to acquire all shares in Italian company Buongiorno S.p.A., one of the largest providers of mobile internet content and apps in Europe and beyond.
The tender offer will be conducted by Docomo’s German subsidiary, Docomo Deutschland GmbH.
Buongiorno is a worldwide leader in the development and management of paid apps and services that maximize consumer experiences with mobile devices. The company has steadily grown its business through the direct delivery of a broad portfolio of content and services to some two billion customers in 57 countries across four continents. Docomo decided to conduct the public tender in consideration of the potential positive impact on the growth of both companies.
The acquisition will combine Docomo’s innovative mobile business and services know-how in Japan and other countries with Buongiorno’s advanced mobile technologies and extensive global customer base.