OnMobile Global’s wholly owned subsidiary -- OnMobile SA, has completed the divestiture of certain speech technology assets to Voicebox Technologies France S.A.S. for a consideration of euro 650,000 subject to adjustments and escrows.
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.