Intelligent Communication Enterprise Corp. announced this morning that it has acquired all of the outstanding shares of Solesys S.A. Based in Switzerland, Solesys has developed next-generation solutions for the premium mobile market. According to the press release, Solesys was acquired for US $9.6 million in Intelligent Communication stock.
“Solesys has technology that has the potential to revolutionize the mobile marketing world. It will be a great complement to our mobile marketing subsidiary Radius-ED. In addition, Solesys’ next-generation platform can be immediately implemented in our other divisions,” stated Luther Jao, Intelligent Communication CEO. “This acquisition of Solesys and its next-generation platform will make us a leader in the premium mobile data market.”
“We are very excited to be part of Intelligent Communication,” commented Mark Hoegarts, Solesys CEO. “We believe that we will not only be complementary to Intelligent Communication’s current business but combined will provide Intelligent Communication with the world’s leading platform for the mobile data market.”