Major Deal at Velti (VELT) Will Move Needle on Street Estimates

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Velti (VELT) Pops on News of $27M Deal with Major Brand

September 18, 2012 9:33 AM EDT

Shares of mobile marketing tech company, Velti (NASDAQ: VELT), moved higher early on Tuesday after the company announced it has closed a $27 million, 2-year deal to provide its mobile marketing technology to a major U.S. brand.

Expected to commence... More