OnMobile

OnMobile is an Indian telecommunications company, headquartered in Bangalore. It offers products such as Videos, Tones, Games & Contests. Based on current deployments, OnMobile has over 100 million active subscribers and an addressable base of more than 1.68 billion mobile users across several geographies.[4]

OnMobile Global Limited
TypePublic
IndustryTelecommunications
FoundedCalifornia, U.S. (September 2000 (2000-09))
Headquarters
Bangalore[1]
,
India
Area served
Worldwide
Key people
François-Charles (Executive Chairman)[3]
ServicesValue-added services
Revenue Rs. 346 crore (FY 2015-16)[1]
Rs. 5.7 crore (FY 2015-16)[1]
Number of employees
1068[1]
Websitewww.onmobile.com

History

Founded in 2000, OnMobile is headquartered in Bangalore, India[5] and serves 99 customers across the globe.[6] OnMobile also has offices in Mumbai, Delhi, Bangladesh, Spain, Dubai, Nairobi, Sweden, and South Africa.

Originally incorporated in California under the name Onscan Technologies India Private Limited as a spin-off from Infosys, the company relocated to India.[7][8][9] The company changed its name to OnMobile Asia Pacific Private Limited in April 2001 and finally to its current name in August 2007.[9] OnMobile became the first Indian telecom VAS company to go public when it was listed on the Bombay Stock Exchange and the National Stock Exchange of India on 19 February 2008.[10]

On 23 February 2017, François-Charles Sirois was appointed as the new Chairman and Chief Executive Officer. [11][12] He resigned as CEO on August 2nd, 2020[13] while continuing to hold his position as Executive Chairman, and Krish Seshadri was appointed as the new Chief Executive Officer on August 3rd, 2020.[14]

Acquisitions

As of 2020, OnMobile acquired six companies in order to expand their product line.

ITFinity

In December 2006, OnMobile announced that it was acquiring ITFinity, a mobile software company, for $10–20 million.[15]

Telisma

OnMobile paid €12 Million for acquiring French speech recognition company Telisma S.A.[16] Telisma has a speech recognition technology available in 10 Indian languages - Hindi, Bengali, Tamil, Gujarati, Punjabi, Kannada, Telugu, Malayalam, Marathi, and English.[17] Previously, OnMobile had used speech recognition from Nuance Communications that supported 15 different languages.[18]

Dilithium Networks

In October 2010, OnMobile purchased Dilithium Networks, a developer of 3G video technology, for an undisclosed amount.[19]

Livewire Mobile

In June 2013, OnMobile acquired Livewire Mobile, a ringtone, ringback tone, an infotainment company, for $17.8 million.[20]

Appland AB

In October 2018, OnMobile Global Limited acquired Appland AB, one of the world’s games and kids App Clubs subscription services.[21][22]

rob0 Inc.

In May 2020, OnMobile Global Limited acquired a 25% equity stake in AI-powered visual retention leader rob0.[23]

References
  1. "OnMobile Global Limited, Annual Report 2013" (PDF). OnMobile. Retrieved 31 August 2016.
  2. "OnMobile Global appoints Krish Seshadri as CEO". 3 August 2020.
  3. PTI (23 February 2017). "New corporate structure in OnMobile". Business Standard.
  4. "OnMobile Reports Second Quarter Fiscal 2020 Results". The Week. Retrieved 19 November 2019.
  5. "OnMobile Global Limited, Contact Us". OnMobile. Retrieved 13 July 2012.
  6. "OnMobile Annual Report 2019" (PDF).
  7. Sen, Swagata (28 November 2008). "The right connection". India Today. Retrieved 10 March 2009.
  8. "Infosys spin-off OnMobile gets $28-m funding". The Hindu Business Line. 6 October 2006. Retrieved 10 March 2009.
  9. "Grading Rationale for CRISIL IPO Grading, OnMobile Global Limited" (PDF). CRISIL. Retrieved 19 April 2009.
  10. Jagadeesh, Namitha (20 February 2009). "OnMobile Global lists at 19% premium". livemint.com. Retrieved 6 March 2009.
  11. "OnMobile implements a new corporate structure to enhance growth in key markets" (Press release). 23 February 2017. Retrieved 23 February 2017.
  12. "OnMobile implements a new corporate structure to enhance growth in key markets". www.blogarama.com. Retrieved 17 November 2017.
  13. "Resignation of Mr. François-Charles Sirois from the position" (PDF). nseindia.
  14. "OnMobile Global appoints Krish Seshadri as CEO". www.onmobile.com. Retrieved 11 August 2020.
  15. Sriram, R (28 December 2008). "OnMobile snaps up ITFinity". The Economic Times. Retrieved 6 March 2009.
  16. Pahwa, Nikhil (31 July 2008). "OnMobile Paid Over $18 Million For Telisma; $20 Million Revenues, $3.6 Million Profit; Nepal Operator RBT". MediaNama.com. Retrieved 31 July 2009.
  17. Shah, Cerius (18 May 2008). "OnMobile Acquires France's Telisma S.A." ContentSutra. Retrieved 6 March 2009.
  18. "OnMobile completes deployment of Nuance speech solutions". WebIndia123.com. 30 March 2008. Retrieved 6 March 2009.
  19. "OnMobile buys Dilithium Networks' 3G video tech". The Hindu Business Line. 5 October 2010. Retrieved 26 November 2010.
  20. Phadnis, Shilpa (4 June 2013). "OnMobile to buy Livewire Mobile for $17.8 million". Times of India. Retrieved 1 July 2013.
  21. "OnMobile to acquire Sweden-based Appland". The Economic Times. 12 October 2018. Retrieved 14 February 2019.
  22. "Appland AB Acquired by OnMobile Global Limited". PRWeb. Retrieved 14 February 2019.
  23. "OnMobile Acquires a 25% Equity Stake in AI-Powered Visual Retention Leader ROB0". www.onmobile.com. Retrieved 25 August 2020.
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