[July 14, 2011] Consorteum Holdings acquires assets of Media Exchange Group Tweet Jul 14, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- Consorteum Holdings, Inc. (CHI), a Canada-based financial services company, has acquired the assets and mobile licensing agreements from Media Exchange Group, Inc. (MXGI), a US-based information technology company. Announcement (June 8, 2011): CHI has agreed to acquire the assets of MXGI. Deal Type Acquisition Sub-Category Asset Purchase Deal Status Completed: 2011-07-14 Deal Participants Target (Company) Media Exchange Group, Inc. - Assets Acquirer (Company) Consorteum Holdings, Inc. Vendor (Company) Media Exchange Group, Inc. (formerly China Wireless Communications, Inc.) Deal Rationale The acquisition will allow CHI to offer multiple mobile platform opportunities through MXGI's proprietary mobile platform CAPSA. [ Back To TMCnet.com's Homepage ]