Friday, April 29, 2005
MobilePlanet Bought By eXpansys Group
Posted by Jon Westfall in "NEWS" @ 02:47 AM
"The UK based eXpansys Group today announced that they have acquired MobilePlanet Inc., the leading US multi-channel reseller of mobile computing and wireless products. MobilePlanet posted revenues of USD $21 million in 2004. The Acquisition will help to secure the groups position as the premier specialist online retailer of mobile devices in the world with a forecast turnover of $200 Million for the next financial year. "
Well, for 3.75 Million in cash, eXpansys has a new company to ruin... I mean run.... :roll:
Honestly, this deal sounds like it will work out well for eXpansys. Perhaps now they'll get the whole US market thing right. If I sound sour, its because I don't really like eXpansys (After all, these are the people who swore to me multiple times they had an item in stock and ready to ship the day I ordered, and then were suprised that after a month and a half I decided to cancel my order). I've had good dealing with MobilePlanet, so I sincerely hope that this doesn't kill their service. Anyone else had good/bad dealing with either of these two? Is this a good thing? Bad Thing?
Well, for 3.75 Million in cash, eXpansys has a new company to ruin... I mean run.... :roll:
Honestly, this deal sounds like it will work out well for eXpansys. Perhaps now they'll get the whole US market thing right. If I sound sour, its because I don't really like eXpansys (After all, these are the people who swore to me multiple times they had an item in stock and ready to ship the day I ordered, and then were suprised that after a month and a half I decided to cancel my order). I've had good dealing with MobilePlanet, so I sincerely hope that this doesn't kill their service. Anyone else had good/bad dealing with either of these two? Is this a good thing? Bad Thing?
