Analytics giant comScore has just acquired the products division of Nexius, a mobile analytics and data networking compant. Nexius’ products provide analytics that mobile operators can use understand consumer behavior, and to build better networks and experiences. The technologies essentially allow mobile operators to make sense of the enormous amount of data available.
comScore tells us they paid $24 million for the products division of Nexius, with $18.6 million paid in cash. comScore has high hopes for the acquisition, stating the the release that it anticipates that the acquisition will add $4 million to the company’s 2010 revenue. That’s actually a pretty significant amount for the company; for the entire (fiscal) year 2009, comScore reported revenues of $127.7 million, up from $117.4 million the year before, an 8.8% increase.
comScore, which just went free for startups, has been growing both in revenue and acquisitions. The company acquired Latin American Web Measurement Company Certifica and advertising research agency ARSGroup earlier this year.
Article courtesy of TechCrunch