NTT DoCoMo's (DCM) German subsidiary is spending $300M to acquire Buongiorno, an Italian mobile...

|About: NTT DoCoMo, Inc. (DCM)|By:, SA News Editor

NTT DoCoMo's (DCM) German subsidiary is spending $300M to acquire Buongiorno, an Italian mobile content provider that posted 2011 sales of $295M. Buongiorno, whose offerings include games, ringtones, and mobile payment services, claims its products are used by ~2B customers in 57 countries. DoCoMo has tried hard to gain a following for its i-mode mobile data platform in Europe, but with only modest success.