News Corp controls Jamba

News Corp has taken full control of mobile media company Jamba by buying VeriSign’s 49% stake for about $200m.

Jamba creates content such as wallpapers, ringtones and games for mobile phones.

It also produces short, made-for-mobile episodes of certain Fox television shows such as 24.

VeriSign has been trying to divest its slower-growing businesses to focus on its core internet security services for some time, and the Jamba sale marks the latest step in that process.

You must be logged in to post a comment Login