SK Telecom acquired Incross for $47m.

South Korea’s biggest mobile carrier, SK Telecom, acquired a controlling stake in Seoul-based digital advertisement company Incross, with the aim of expanding into the media and commerce market, for $47m. “Combining SKT’s technology and Incross’ advertisement capability, we will enhance our partnership to maximize our clients,” said Chang Hong-sung, who heads SKT’s internet of things and data business division.