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Interview: Lucy Hood, CEO, Jamba

It’s been eight months since the startling announcement that News Corp. was acquiring 51 percent of Jamba from VeriSign for $187.5 million as part of a JV and more than three months since the deal closed. In the interim, Lucy Hood, who went heading from a staff of a dozen or so at Fox Mobile to managing 600-plus as CEO of Jamba, has been busy integrating operations with headquarters in Beverly Hill and Berlin. (The bulk of the staff remains based in Berlin.) As part of that, she’s been assembling a management team that is finally filled out: Lee Fenton joined earlier this year as MD and COO; Markus Berger-de León remains as MD of Jamba GmbH, with the new duties of chief sales officer responsible for overseeing territorial and business expansion; and Mark Anderson, most recently at Sony Pictures Entertainment, joins as CFO. Meanwhile, Fox Mobile’s highly publicized Mobizzo storefront has been vaporized, with the assets moved into Jamster.
Jamba hasn’t exactly been standing still but the new team will have to kick into highest gear to reverse the revenue dip that sent VeriSign into a JV. VeriSign acquired Jamba in 2004 for $273 million in cash and stock. Hood and I talked at length recently about Jamba and the mobile landscape.

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May 7, 2007 - Posted by | Mobile games

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