MobileComm Professionals, Inc acquires stake in Tech5i

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MobileComm Professionals, Inc, a Texas based Wireless Engineering Services and intelligence solutions company acquires stake in Tech5i Software Services Pvt LTD


Richardson, Texas, USA.,June 11,2014 (PressReleasePoint) – MobileComm Professionals, Inc, a Texas based Wireless Engineering Services and intelligence solutions company has acquired an undisclosed stake in Tech5i Software Services Pvt LTD, a New Delhi, India, based Mobile APP Development company. Effective July 2014, Tech5i's product solutions are expected to be offered under MobileComm's banner. This acquisition neatly fits into MobileComm's on-going endeavor to expand its service portfolio and global presence, evolving into a one-stop solutions shop for Teleco cariers, OEMS and infrastructure providers, worldwide.

 
Officials from both companies had been in discussions for acquisition since Q3 of 2013 and the deal was finalized in April 2014. MobileComm expects that this acquisition shall improve investor confidence and widen its customer base. In addition to wireless engineering services, MobileComm will now offer Mobile Applications Development thus reaching beyond traditional Telcomm sector to enterprise clientele and even end-subscriber base.
 
MobileComm now will leverage the innovative product solutions from Tech5i, in the mobile applications arena, adding attractive and cost effective solutions packages to its clients. Complimenting the approach, with development centers in India, Tech5i now has a global audience, industry penetration and recognition of MobileComm Professionals, Inc.
 
About MobileComm Professionals, Inc.
 
MobileComm Professionals, Inc is a key industry player, with over 12 years of operations, providing cost effective and quality centric wireless engineering solutions to Telecomm carriers, OEMs and infrastructure providers. With offices across the globe covering NAM, LATAm, APAC, A&ME and Australian markets, MobileComm has accumulated a strong repertoire of not just expertise but also of accolades; with 2G, 3G and 4G network rollout services, worldwide, under its belt. 
 
" We are very excited about this acquisition", says Gurmeet Likhari, President of MobileComm Professionals, Inc, " as this adds tremendous value to MobileComm in offering custom solutions to our clients thus accentuating our goal to align ourselves to the their business objectives and our ultimate aim to enhance end user's mobile telecomm experience."
 
About Tech5i Software Services Pvt.Ltd.
 
Tech5i is one of the leading mobile applications development companies providing sustainable solutions to clientele ranging from telecom operators, consumer brands and various other enterprise. Over the past three years, Tech5i has provided solutions ensuring consistent innovation, high speed and unfailing quality. With products that can be implemented on a variety of mobile and server operating systems and experience enables Tech5i address the various challenges that daunt Telco industries. The company delivers flexible solutions that can tackle diversity of handsets, changing resolutions, evolving interfaces and operating systems, operator networks, and server networks. 
 
Commenting on the recent acquisition, Ravi Wadhwa & Ashutosh Kumar, Directors of Tech 5i, said " We are very excited and confident about the mutual growth opportunity here. Our collaboration with MobileComm not only gives us a global platform to provide our services but also provides an indubitable value add to our shared customer base, providing cost effective engineering solutions coupled with innovative products."
 
Recognizing the complimenting strengths and service verticals of the two companies, Brij Moham Mahendru, founder of mCarbon, a MobileComm subsidiary, orchestrated the acquisition and was instrumental in drawing up the specifics of the deal.



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