Openbit

Openbit

In June 2008 Tanla acquired Openbit, a leading provider of global on device payments for mobile applications. Smart phones are claiming an increasing share of the handset market driving the consumption of richer content formats and increased use of the mobile phone for processing payments. The acquisition of Openbit extends Tanla’s payments portfolio beyond operator billing products to address the emerging market for rich media & business applications on handsets.

Openbit has established agreements to cover subscriber billing in 90 operator networks and credit card processing worldwide. Their multi-platform solution today supports S60, UIQ, S80, MIPD Java, Windows Mobile for Smartphone and Windows Mobile for Pocket PC. Their client software is embedded in millions of mobile handsets on monthly basis.

For more information, visit the Openbit website www.openbit.com

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