Israeli-based Mobixell acquires mobile data specialist 724 Solutions

Mobixell Networks, an Israel-based technology firm that develops mobile TV, multimedia and advertising products to operators, has announced its acquisition of a similar US-based company, 724 Solutions.
The latter firm specialises in products that enable carriers to establish mobile internet, broadband and messaging infrastructures, and combined with the technologies of Mobixell should provide a turn-key content delivery solution for mobile network operators.
According to Mobixell the merger comes about through a very similar management vision shared by the two companies, and is intended to deliver "a next generation intelligent mobile internet platform capable of taking a leadership position in the rapidly changing market".
Mobixell and 724 Solutions's combined products will reach a much greater customer base across the US, UK, China, Switzerland, Israel and India.