Megasoft Buys VisualSoft
Megasoft has been a leader in providing R&D and innovative software solutions to mobile service providers and this acquisition is expected to help it to scale its product offering portfolio faster. The acquisition also gives Megasoft additional resources in terms of back office for all the new contracts to be signed in Americas and Europe.
GV Kumar, MD & CEO, Megasoft Ltd. said, “The growing global telecom outsourcing to India and the fast expanding MVNO market meant that we needed to strengthen our operations. With almost 250 – 300 telecom trained expertise readily available, right here in Hyderabad with a terrific infrastructure and CMMi level 5 was a crucial clincher for this merger. The combined entity is well poised to win large and strategic outsourcing deals in Telecom, in the specialist domains of roaming, interoperability infrastructure, subscriber authentication and OSS technologies.”
VisualSoft Technologies Ltd.