The Hindu Business Line : IMImobile acquires UK co Mobytec

IMImobile, provider of converged mobile and online technology platforms and managed services to cellular service companies, has acquired Mobytec from the company Mobyko,for an undisclosed amount. Mobytec is a back-up and sharing service. “The acquisition will help us offer the add-on phonebook back-up. We have started talking to the cellular services in India and abroad to offer the value-added service to their users,” Mr Vishwanath Alluri, Chief Executive Off icer of IMImobile, told Business Line. The UK-headquartered Mobyko would continue to act as an independent company, offering mobyko.com branded services. “The acquisition would also help the users to synchronise and store social media content such as contacts, photos, texts and videos,” he said.

—Our Bureau

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