• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Mumbai, Sept 19

Mukta Arts Ltd has announced acquisition of mobile content and application company Coruscant Tec in an all-cash deal for a controlling stake (51 per cent) in the company for an undisclosed amount. Mr Subhash Ghai, Chairman of Mukta Arts, said, “The acquisition of Coruscant Tec is a logical step towards launching Mukta’s Web and mobile digital initiatives and enter the VAS space. Mukta is a content creation company and Coruscant Tec offers content delivery solu tions in the new media space. We expect synergy arising out of short format content created by Mukta or Whistling Woods students and released through the tie-ups Coruscant has with Telecom Companies such as VSNL and Vodafone”. —

Our Bureau

More Stories on : Mergers & Acquisitions | Music & Dance | Telecommunications

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line