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Article: Geodesic Announces Acquisition of Interactive Networks Inc.

Article from:
Business Wire
Article date:
May 18, 2009
Copyright

Acquisition Expands Geodesic's Mobile VAS Offering Further Enhancing Appeal with Mobile Carriers and Handset Vendors

SANTA CLARA, Calif. -- Today Geodesic Limited (BSE: 503699) (NSE: GEODESIC), a leading provider of award-winning mobile and desktop communication and entertainment solutions, including instant messaging, VoIP, SMS over IP, Internet radio and video, announced that it has acquired Interactive Networks Inc., a South America-based software provider of advanced instant messaging and value added solutions. The acquisition expands Geodesic's global footprint beyond India, Europe, Asia and the U.S. and into South America and Africa. Under terms of the ...

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