07 October 2010
IIFL recommendations: OnMobile Global (Dilithium acquisition – to bolster M-Video aspirations, BUY)
OnMobile Global (Dilithium acquisition – to bolster M-Video aspirations, BUY): Onmobile acquired the technology solutions developed by Dilithium, a US-based mobile-video technology company. Dilithium’s CTO and co-founder will join OnMobile and report to the COO. The technologies are currently licensed to several operators around the world, including Vodafone, Singtel, BSNL and China Mobile.
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