Mahindra Comviva to acquire Emagine

Mahindra Comvivais all set to acquire Australia based Emagine International with an eye to enhance Comviva’s strengths and deliver enhanced customer value. Emagine is a specialist provider of real-time, contextual marketing solutions and managed business intelligence services.

Manoranjan ‘Mao’ Mohapatra, CEO at Mahindra Comviva

In a statement, the company said it will strengthen Comviva’s in-region capabilities to deliver end-to-end solutions to customers and also adds a number of impressive customers, including Optus, 9 Mobile (formerly Etisalat Nigeria), Virgin Mobile, Vodacom and Vodafone Australia to it’s portfolio.

Manoranjan ‘Mao’ Mohapatra, CEO at Mahindra Comviva said, “We are delighted to join hands with Emagine as it will greatly enhance our ability to capitalize on the exploding demand for consumer analytics solutions. Comviva is focused on ensuring a leadership position in this space. With this, we are well positioned to deliver accelerated revenue growth to all our stakeholders.”

Comviva also announced the appointment of David Peters, CEO at Emagine International and Amit Sanyal, Business Head, customer value management practice, Comviva, as the executive heads for the combined business.

Speaking on the occasion, Peters said, “We’re confident that the combined strengths, services expertise, and talent of our companies will bring greater end-to-end capabilities of products and services for telecom operators, delivering greater value to all our existing customers globally, and opportunities for accelerated growth.”