Bharti Telesoft Eyes Software Firm Jataayu

If you read the name Jayaatsu in this Economic Times article it is probably because overworked (sloppy?) editors overlooked a typo. Anyways, the body copy cites sources as saying that value added services provider Bharti Telesoft is in talks to acquire Bangalore-based software firm Jataayu. The deal size is not known yet since the talks are in the initial stages. Jataayu is a provider of mobile handset solutions and VAS infrastructure solutions in mobile messaging, browsing, synchronisation and provisioning. The companies gave ET the standard line of not commenting on rumours.

Nikhil adds: That Jataayu was in the market, considering offers for an acquisition, and was in talks with Bharti Telesoft, has been known for quite some time. Multiple sources have told me this over the past two months, so it’s unlikely that talks are in the “initial stages”. We were awaiting confirmation of news of the acquisition being completed.

loading

Comments have been disabled for this post