Munich/Helsinki - June 11, 2008 - Cartagena Capital, the all-embracing technology accumulated accounts firm, acted as absolute banking adviser to the shareholders of Openbit on its auction to Tanla Solutions Ltd. Tanla Solutions is a arch provider of telecom basement headquartered in Hyderabad, India with offices in London, New York, Dubai, Singapore, Dublin and Colombo. It is listed on both the National and Mumbai Stock Exchanges with a bazaar assets beyond $700 Million (Reuters TNSL.BO and Bloomberg TANS: IN).
Finland-based Openbit is accustomed as a arch provider of solutions that seamlessly accommodate on-device transaction and agenda rights administration (DRM) for adaptable applications. The aggregation provides software vendors and agreeable distributors with able and defended agency to deliver and action payments for adaptable content.
Openbit addresses an installed abject of over 20 actor Symbian OS-enabled Nokia handsets worldwide. The Company has all-around announcement agreements with about 90 abettor networks in over 30 countries and with all above acclaim cards worldwide.
Mr Ollli Väätäinen, Openbit´s Chairman, commented: "We are actual blessed to accept called Cartagena Capital as our banking advisor. Their abysmal area knowledge, acceptance to all-embracing buyers and able cross-boarder transaction ability was acute to authoritative this transaction possible.”
Read more:
www.tanlasolutions.com/images/pdf/tanla_openbitpr050608.pdf
For added advice contact:
Kim Groop, Partner
Cartagena Capital
Mobile +358 40 7073319
Kim@cartagena-capital.com
About Cartagena Capital GmbH:
Cartagena Capital is an all-embracing technology accumulated accounts adviser with a accurate focus on wireless. The aggregation was created by chief industry experts and accomplished investment bankers. It is accouterment admonish in the areas of M&A, fundraising and strategy. Cartagena Capital is present in Germany, France, Finland and the US.
For added advice appointment www.cartagena-capital.com
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