MBlox Buys Singapore Tech Center

mBlox, the UK based messaging company says that it acquired LaNetro Zed's subsidiary technical center in Singapore. By virtue of this infrastructure agreement, mBlox is hosting LaNetro Zed's operator connectivity business in Asia. Lanetro Zed's eleven Singapore employees also joined mBlox as its first Asian-based employees. For mBlox, the deal provides a platform on which to open Asian operations, bringing the world's largest mobile transaction network to the world's largest region.

"Though we are one of largest mobile content companies in the world, we found keeping in house our own proprietary operator connections to be costly and inefficient," said Javier Perez Dolset, founder and CEO of LaNetro Zed. "mBlox is the recognized global leader in this space, and they have the service experience and scalable infrastructure necessary to best host our connections with operators to let us manage our mobile transactions. Transferring our connectivity business to mBlox in Asia was the right decision for our business strategy."

Posted to the site on 27th July 2006