More great news for Aussie startups with the European-based Myriad Group, a global leader in mobile technology with software in over 2 billion phones, announcing that it has acquired the brand, technology and 17 employees of Xumii.

Xumii is a mobile social networking service that we’ve covered a few times over the past year.

I’ve always thought the technology had great potential and a great team of both employees and advisors, so it’s good to see them move to the next level.

There’s not much information circulating beyond the official press release, but I’ll post another story which looks into the detail of the acquisition later on today.

In the meantime, congratulations to Xumii CEO, Jennifer Zanich and the team.