OnMobile Global’s wholly owned subsidiary -- OnMobile SA has entered into an agreement with Voicebox Technologies France S.A.S., for the divestment of certain speech technology assets for a consideration of Euro 650,000, subject to adjustments, escrows and other conditions. The deal is contingent upon certain approvals and events.
OnMobile Global, headquartered in Bangalore, India, and with offices in all regions of the world, delivers millions of music plays daily to mobile customers worldwide. Based on current deployments, OnMobile has the potential to reach more than 1.1 billion mobile users across several geographies.
