RealNetworks expects the acquisition to generate incremental revenue of about $1 million for the second quarter of 2007 and about $7 million for the remainder of 2007, according to a regulatory filing with the Securities and Exchange Commission.
The company expects the acquisition to shave its results by 1 cent per share in the second quarter and by about 3 cents per share for the full year.
The deal also includes a music services agreement for Europe with Vodafone Group, which was Sony NetServices' largest customer. Now, RealNetworks has 12 music-on-demand customers with more than 196 million mobile subscribers in 11 countries giving them a strong position in the European market.
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