Mobclix has bought Heartbeat, a cloud-based iPhone sales analytics tool, from Enormego for an undisclosed sum.

Intersec Group, a French provider of new-generation telecommunications software for mobile and integrated operators, has released Geolocator IGLOO Version 1.1, a location-based services (LBS) enabler.

Millennial Media's acquisition of TapMetrics adds deep cross-platform mobile analytics capabilities to its existing developer program.

The Apple App Store's ban on third-party apps that include location-based advertising has added a new twist to the exciting war movie - er, the contest to gain ad revenue - that developers have been watching with a mixture of trepidation and cynicism, writes Christopher Backeberg...

LoopNet, the largest online commercial real estate marketplace, has launched the first location-based commercial real estate search app. It is available free to iPhone and iPod touch users.

Google has launched a location-based, mobile click-to-call feature that lets smartphone users call a vendor directly simply by clicking on an ad.

Opera Software has acquired AdMarvel, enabling Opera to expand its portfolio of products and services to include highly scalable ad monetisation services for its branded mobile products and services offered by mobile operators and content partners.

According to Gartner, consumers will spend $6.2 billion downloading apps from mobile application stores this year, while ad revenue is expected to generate $0.6 billion worldwide.

Mobile advertising solutions company, Amobee Media Systems, has agreed to acquire mobile ad agency, RingRing Media, bringing Amobee one step closer to fulfilling its long-term vision to create the industry's biggest mobile advertising exchange.

Two consumer groups have asked the US Federal Trade Commission (FTC) to block Google's purchase of the AdMob mobile advertising company. The groups claim the acquisition would contravene anti-trust laws.