"UK mobile services provider iTouch has acquired Finnish based Jippii Mobile Entertainment in a deal worth EU12m, made up of EU5m in cash and EU7m in iTouch ordinary shares. Jippii, a wholly owned subsidiary of Saunalahti Group, is a pan-European provider of mobile entertainment applications and Internet-based online gaming services with offices in six countries. PaidContent

iTouch bought Spain's Movilisto to gain access to Spain and Portugal, now Jippi gives them access to Russia, Finland, Ukraine, Estonia, Lithuania, Latvia, The Netherlands, Switzerland, Belgium, Austria, Sweden and Norway.