Monitise To Buy Clairmail For $173M

by Monica Gerson, Benzinga Staff Writer

March 26, 2012 5:55 AM | 12 seconds read | Make a Comment

Monitise PLC

MONIF

announced its plans to buy Clairmail Inc, a U.S. provider of mobile banking and payments for $173 million (GBP109 million). Clairmail's revenue surged 90% to $18 million (GBP11 million) in calendar 2011.

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Monitise To Buy Clairmail For $173M