After promising an initial public offering for the past six years, Motricity has officially filed documents to raise up to $250 million through the public markets. The man behind the deal is Ryan Wuerch, the founder and CEO of the Bellevue, Wash.-based company, who has been in the spotlight for…

Motricity, the Bellevue, Wash.-based company that provides back-end infrastructure to wireless carriers, including web portals, storefront and messaging platforms, has filed documents with the SEC today with the intention raising $250 million in an initial public offering. It will trade under the ticker “MOTR.” The company, which has raised $267…

Mobile content infrastructure provider Motricity hasn’t had the easiest year. In 2008, it acquired InfoSpace (NSDQ: INSP) Mobile, and moved its operations cross country from North Carolina to InfoSpace’s Bellevue, Wash. headquarters. Soon after, Steve Elfman, one of InfoSpace’s top executives, quit to join Sprint (NYSE: S) Nextel and Motricity…

Bellevue, Wash.-based Motricity, which provides infrastructure to wireless carriers, has appointed Jim Smith to the role of President and COO; Richard Leigh to the position of SVP and General Counsel; Deepak Dhawan as SVP of Solutions and Services and Abe Danzinger as VP of Sales and Engineering. In the case…

When Steve Elfman, one of Motricity’s highest-ranking executives, left to join Sprint Nextel earlier this year, it appeared to be a bad sign for Motricity, which had just paid $135 million for Elfman’s company, *InfoSpace* Mobile. But in an interview with us a couple months later, Motricity’s CEO Ryan Wuerch…

Motricity, the mobile infrastructure company that acquired InfoSpace (NSDQ: INSP) Mobile for $135 million in October, has been relatively quiet following a burst of publicity over its controversial headquarters move, opting to focus on the structural changes, wooing new customers and working on contract renewals. Longer term, though, CEO Ryan…

Motricity had previously said it would sell off its direct-to-consumer smartphone business PocketGear, and now we know who’s buying it: the company’s own CTO and co-founder Jud Bowman. In an announcement this morning, Bowman says he has left Motricity and acquired the unit with investment backing from Noro-Moseley Partners and…

After announcing that it will move its headquarters to Bellevue to be closer to key personnel, Motricity said today that president and COO Steve Elfman is leaving the company to work at beleaguered Sprint (NYSE: S) Nextel as the president of network operations and wholesale business. It will be interesting…

Velocity Interactive Group, the investment group led by Jon Miller (ex-AOL (NYSE: TWX) CEO) and Ross Levinsohn (ex-Fox Interactive Head) has become an investor in Motricity…this was part of the big December round of $185 million. The investment was discreetly mentioned in a press release today that was focused on…

Activist investor Carl Icahn, who poured about $100 million into Motricity last year, said that he now questions the decision following the news that Motricity will layoff 250 of its 600 employees and move to Washington state to be closer to its InfoSpace (NSDQ: INSP) acquisition, according to LocalTechWire.com. Icahn…

Motricity paid $135 million in October to acquire the InfoSpace mobile division, and now InfoSpace is taking over. As we reported yesterday, Motricity said it will be laying off 250 of its 600 employees and will move its headquarters to Bellevue to be with InfoSpace (NSDQ: INSP). The company will…

Motricity has confirmed its much anticipated layoffs, putting the official number at 250. The elimination of more than one third of its workforce will occur over the next nine months, with all affected workers getting an unspecified severance. Previous guesses had pegged the number at about 200 of its 600-person…

Motricity, the mobile content/technology firm, told employees today that it will make an announcement regarding layoffs as early as March 3, according to a source citing a letter sent to employees. The letter, sent by Motricity’s CEO Ryan Wuerch today, said that the company did not have any more information…

Emotions are running high after rumors surfaced that Durham, N.C.-based Motricity might be cutting up to a third of its 650-person workforce and may relocate its headquarters to the Seattle-area following its $135 million purchase of Bellevue-based InfoSpace’s mobile division. Given the flurry of comments we received on our original…

Updated: We have two more updates on this story, here and here. Layoffs announcement may come as early as next week. Motricity, one of the biggest mobile content and applications firm in U.S. now after the buyout of Infospace’s mobile division last year, may now slash as many as 200…

The mobile content platform and services company Motricity has sold off an outlying division: its online eBook store eReader.com. It has sold it off to Fictionwise, an independent eBook retailer based in New Jersey. Terms of the deal were not disclosed. The eReader business dates back to the early days…

Motricity has closed its acquisition of the mobile services business unit of InfoSpace (NSDQ: INSP) for $135 million, the companies announced on Friday. Also as expected, Motricity announced the completion of $185 million in funding in a round led by Advanced Equities, Carl Icahn and New Enterprise Associates. Ryan Wuerch…

Following this morning’s news that Motricity is buying InfoSpace’s mobile services business, comes the expected news on its funding: it is putting the finishing touches on a $185 million round of private funding, reports TechConfidential. Leading the roundare financier Carl Icahn and investment bank Advanced Equities, which previously invested in…

Well, the deal has gone through after rumors for the last two months—InfoSpace (NSDQ: INSP) has sold its mobile services business to Motricity for $135 million in cash, meaning that the company will now be solely focused on online search. The mobile division has been seeing steadily falling revenue for…