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April 12, 2011 12:05 am GMT

nSphere Acquires Couponing Startup Peekaboo Mobile

Online business directory company nSphere has acquired mobile couponing startup Peekaboo Mobile. Terms of the deal were not disclosed, but we hear the transaction was in the seven-figures. Peekaboo's team will also join nSphere to manage its new mobile marketplace and future mobile-related initiatives. Peekaboo Mobile provides a platform to local businesses looking to connect to consumers with location-targeted offers. Peekaboo says that it currently reaches over 50 million smartphone users through its Android and iPhone deal applications and partner network.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/StIaoJV--SQ/

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