Wednesday, July 27, 2011

Vringo signs letter of intent to merge with Zlango

Vringo signs letter of intent to merge with Zlango

Remember the social messaging app, Zlango, which was launched last week. Well it looks like the company behind the app has managed to stir up quite a bit of interest, as Vringo, a provider of software platforms for mobile social and video apps has signed a letter of intent to acquire and merge with Zlango. Vringo, Zlango and two leading venture capital firms: Benchmark Capital and DAG Ventures, plan to take Zlango's rich media messaging services, combined with Vringo's strong social and video apps to create a new leader in the mobile social arena.

Ubergizmo, Vringo signs letter of intent to merge with Zlango

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