Wednesday, August 8, 2012
Boingo Acquires Ad Firm Cloud Nine Media
Boingo Wireless, the Wi-Fi access point and network operator, is expanding out its services today, saying it has acquired Cloud Nine Media, a provider of Wi-Fi sponsorship and location-based advertising. Financial terms of the acquisition were not announced. Boingo said that Cloud Nine provides its advertising services at more than 6,000 airports, hotels, bars, restaurants, and recreational areas across the U.S. and Canada. Cloud Nine was based in San Francisco. Boingo said that Cloud Nine's technology can be used across its portfolio of managed Wi-Fi hotspots.