- Adds powerful complementary products and IP to OnMobile VAS portfolio
- Adds blue chip customer base in Europe and Americas including Orange, France Telecom , T-Mobile, Vodafone
- Strengthens OnMobile’s standing in the Global Telecom VAS industry
Paris, September 11, 2007: OnMobile, India’s leading and pioneering Telecom Value Added Services (VAS) provider today announced that it has acquired 100% of the France based Company named Voxmobili.
With this acquisition, OnMobile will strengthen its VAS data products offerings and will accelerate its leadership position within the global Telecom VAS industry. The acquisition adds a number of impressive international customers to OnMobile’s customer porfolio. The current list of Voxmobili customers includes Orange, Cingular-AT&T, France Telecom, T-Mobile, Wanadoo, Turkcell, etc. In addition, the acquisition will augment OnMobile’s current domain and technology competence due to the depth and breadth of Voxmobili’s IP and cutting-edge proven data products.
Voxmobili was founded in 2000 by 2 French entrepreneurs, Eric Viellevigne and Nicolas Frattaroli and funded by European venture capital firms. Voxmobili has around 45 employees and has operations in Europe, North America, Middle East, Australia, and Eastern Europe. Voxmobili’s core products center around synchronized address book and advanced phone backup wherein cellphone users can backup all their personal data including calendar and contacts onto a secure network-based server, and mobile paparazzi wherein cellphone users can publish information, photographs and videos directly from their phones to website and mobile sites.
Voxmobili has over 21 platforms deployed worldwide, and has issued over 20 million licenses for their products globally.
Arvind Rao, CEO & co-founder of OnMobile said, “We are excited about this transaction, and joining hands with Voxmobili to deliver a powerful suite of complementary VAS products to the global telecom & internet industry. Their product and technology leadership in their domain, innovation, and leadership all complement what we have built at OnMobile, and we are geared up to fully exploit the synergies between us. This will be a win-win-win for all of us starting with our customers, and a great platform for OnMobile to serve the European market.”
“Mobile Backup and Services around Personal Data are expected to experience tremendous growth over the next several years,” said Eric Vieillevigne, Managing Director and co-founder of Voxmobili. “We are very excited to expand our presence in this exciting marketplace with OnMobile. We’re confident that the combined strengths, services expertise, and talent of our companies will deliver a great experience for Users, Service Providers and mobile operators.”
A definitive agreement has been signed between the two companies, and integration planning will start shortly. Top management of both companies have reiterated their commitment to seamlessly merge the companies and capture all product, go-to-market and economic synergies.