OnMobile acquires Dilithium Networks’ leading 3G Video technology
Value added services company OnMobile Global has acquired 3G video technology and mobile solutions developed by Silicon Valley-based Dilithium Networks Inc.
This acquisition enables OnMobile to deploy Dilithium’s leadership technology in the rapidly expanding mobile video solutions space, piggybacking on OnMobile’s 2G and 2.5G VAS platforms embedded into the world’s leading telecom operators, and hence accelerating the launch of 3G VAS services. The acquisition also provides OnMobile with Dilithium’s extensive patent portfolio - over 175 patents.
Arvind Rao, co-founder, CEO and managing director, OnMobile, said, “OnMobile has pioneered and built a global leadership position in 2G and 2.5G value added services. For our leading customers we have delivered an unmatched 90+ per cent CAGR in OnMobile-powered and managed VAS revenues over the past 6-8 years of VAS partnerships. Now with Dilithium’s 3G-patented technologies we will continue this momentum with a wide range of rich 3G video mobile VAS services that are carrier-grade, field-tested, proven and spectrum cost efficient. These include video calls, video RBT, multi-screen video streaming on demand, IVVR, video optimization, etc.”
This acquisition is OnMobile’s third in four years. Dilithium’s extensive customer base spans 120 service providers and operators in more than 60 countries, and comprises of over 1.5 billion subscribers.
Dilithium’s CTO and co-founder, Marwan Jabri said, “We are very pleased and excited on being part of OnMobile, the leader in mobile value added services. The Dilithium technologies and know-how will spark a new era where operators in partnership with OnMobile can offer novel and cutting edge revenue-generating video services powered by the Dilithium video technologies.” Dr. Jabri will head OnMobile’s new Video Business Unit, reporting into Sanjay Uppal, President and COO.
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