Mobixell Networks acquires 724 Solutions

Mobixell Networks has acquired mobile internet company, 724 Solutions. The expanded company will focus on delivering rich media mobile internet and messaging solutions for mobile operators, enabling them to exploit the opportunities presented by the explosion of rich-media data traffic and the emergence of new exciting communication patterns driven by the ever increasing mobile media consumption on laptops, iPhone devices and other smartphones.

724 Solutions' access and messaging products provide mobile internet, mobile broadband and messaging infrastructure that enable operators to satisfy the explosion of mobile data traffic. This solution will address the challenges for mobile operators in dealing efficiently with the explosion of data traffic, particularly video, and will allow them to further monetize data and messaging Web 2.0 based services. Amir Aharoni, CEO, Mobixell, said, "The combination of expertise and technology between Mobixell and 724 Solutions uniquely positions us to tackle this issue and allow mobile operators to improve the return on their infrastructure investment in the burgeoning mobile internet traffic, expected by industry specialists to grow 66 fold by 2013".