A busy quarter for Geodesic Ltd: the company signed "teaming agreements" with ITI Ltd and Glodyne Technoserve for the poor-man's computer, the Simputer. With ITI, the company will target state government e-governance projects for VoIP on desktops, IP phones, mobile phones, as well as the simputer, and they will include the Simputer as a part of Glodyne’s solution for Public Distribution System for various states in India. There are no inputs from the company on the plans for deployment of the Simputer, though. And here one thought that the Simputer was dead. Uruguay Acquisition & Messaging Solutions Geodesic Holdings Limited, wholly owned subsidiary of Geodesic Limited has signed a Share Purchase Agreement to acquire 100% of a privately held software company, headquartered in Uruguay. The company focuses on developing advanced messaging and collaboration solutions for Telecom operators, and has implemented their solution across 12 carriers in Latin America, South Africa and Asia. The name of the company has not been disclosed. The acqusiition appears to be in line with Geodesic's focus on the messaging business - during the quarter, the company launched a Beta version of Mundu SMS – an IP based two way SMS service for a wide range of mobile handsets and desktops/laptops, which can be used in India, Asia-Pacific, Europe and South America. The company claims it saves 60-90% of the messaging cost. They also added as clients, Business Standard (our report here), Edelweiss Capital, Systematix Shares and Stocks (I) Limited, First Global Stock Broking, Dialog Telekom, and a Japanese Telco. They added 2,23,000 users for Mundu products and clocked…
Geodesic & Chandamama
Q309: Simputer Gets A New Lease Of Life? Geodesic Acquires Uruguay Software Co; Chandamama
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