London-based Connect2Media , a publisher of mobile content, which just merged with the European operations of Hands-On, said it has acquired RayFusion, an Israeli-based mobile content distributor. Terms of the deal were not disclosed. The acquisition will enable RayFusion to expand its distribution to include carrier accounts in Europe, the Middle East, Asia and Latin America, Connect2Media said in a release today. RayFusion will operate as a standalone entity with operational independence from Connect2Media. It will retain its name and corporate identity and there will be no changes to its personnel or operations. However Connect2Media will help strengthen RayFusion by assisting in developing new mobile content technology. Release. Related Hands-On Mobile Sheds European Business; Merges With Connect 2 Media As Minority Shareholder Social Media Deals Report: This 199-page report, filled with charts and data, examines the categories, number and size of VC and M&A deal in social media from 2007 through 2008. Visit the ContentNext Reports page
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