Tech Shout!

Online causal gaming and content portal Contests2win has sold its china based wireless marketing solutions company, M2W Ltd, to Walt Disney Internet Group. Contests2win said that acquisition will in now way impact the Indian operations of Mobile2win.

CEO of Contests2win, Alok Kejriwal said, “This is a significant milestone for us. We began as a small company and within a span of three years we have created a leadership position in the mobile marketing and mobile value added market. This exit shows our ability to build significant value for all our stakeholders.”

Kejriwal also said, “Our two divisions, Games2win and Media2win, will be the beneficiaries of this deal. We will be heavily investing in these two arms and will promote them aggressively. We have a five-year ambitious plan for Games2win to build it as the most popular online games site. We will launch more casual games and offer games for download in a month’s time and Massively Multilayer Online Games in three months time.”