On February 16, 2010, Multiplied Media Corporation (TSX:V MMC), a leading, Calgary-based provider of mobile local search services, announced that it had closed the previously announced transaction to acquire UnoMobi Inc., a Delaware corporation, together with its wholly owned subsidiary Innovation Fund III LLC. The transaction was carried out by way of statutory merger of UnoMobi with a newly formed wholly owned subsidiary of Multiplied. UnoMobi was advised in this transaction by a team from Fasken Martineau that included Rubin Rapuch and Jeff Hergott (corporate/M&A) and Mitchell Thaw (tax), assisted by student-at-law Nick Shkordoff.