ZYB Acquired By Vodafone For €31.5 Million

TECH CRUNCH -- May 15 -- ZYB, Danish mobile social network, has been acquired by Vodafone for €31.5m, or about $50m. The company had raised just €3m in venture capital. ZYB will remain based in Denmark and upon acquisition will be incorporated into Vodafone's Internet Services Division. FULL ARTICLE @ TECH CRUNCH