Bharti Telesoft Acquires Jataayu Software

Bharti Telesoft has announced the acquisition of Jataayu Software. Jataayu’s wholly owned subsidiary in the USA and offices in the UK, Singapore, Taiwan and South Korea will be added to Bharti Telesoft’s existing operations across Africa, the Middle East and AsiaPac regions.

According to Manoranjan Mohapatra, CEO, Bharti Telesoft, “We foresee immense potential in the union of Bharti Telesoft’s and Jataayu’s offerings. The WAP, MMS and IMPS capabilities of Jataayu fit well with Bharti Telesoft’s messaging portfolio and will position us more favorably in the market by enhancing our offerings for the customer. The handset applications business takes us into a new, rapidly developing, and very important area, which is set to change dramatically in the near future. As Jataayu is an established player in this space we can consolidate our position and build attractive propositions for this sector. Overall, our customers are going to benefit from a wider portfolio of offerings and advanced R&D strength.”

Elaborating on the deal, Mahesh Kumar Jain, Managing Director, Jataayu Software said, “Jataayu has created strong technology focused products, acquired a wide customer base and has established a strong identity in the mobile VAS space over the last seven years. We believe these strengths will help Bharti Telesoft, already a leading player, become a formidable force in this rapidly growing space. This larger combined organization will also expose the people of Jataayu to greater opportunities that come with rapid growth and innovation.”

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Commenting on this acquisition, Sanjiv Mital, Vice-Chairman, Bharti Telesoft said, “We see a lot of synergies between the two companies and believe that this merger will create a lot of value for our customers. Jataayu’s product offerings in the WAP, MMS, IMPS and handset applications space will help add tremendous value to Bharti Telesoft’s portfolio of integrated value added services, namely core VAS (messaging, roaming, USSD, and call management), mCommerce, mEntertainment and business support solutions. It will also help significantly expand the global reach of the company. While Bharti Telesoft has a strong presence in India, the Middle East, Europe, Africa and South Asia Jataayu has a strong presence in Latin America, the US and the wider APAC region.”