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DIT Systems Announces the Acquisition of 26 Group Ltd - Digital Innovation Technology Systems (ISTD) Ltd has confirmed the acquisition of 26 Group (operating under “YB26 Telecommunications” ™) in order to expand its portfolio of telecom services and solutions and to extend its presence to new markets
DIT Systems Announces the Acquisition of 26 Group Ltd

 

NewswireToday - /newswire/ - Kiev, Ukraine, 2012/03/14 - Digital Innovation Technology Systems (ISTD) Ltd has confirmed the acquisition of 26 Group (operating under “YB26 Telecommunications” ™) in order to expand its portfolio of telecom services and solutions and to extend its presence to new markets.

   
 
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Now all products developed by 26 Group will be released under the DIT Systems brand. Financial terms of the transaction are undisclosed.

Digital Innovation Technology Systems (DIT Systems) develops and offers specialized telecommunication solutions and value-add-services in the area of optimization, transcoding, messaging and data synchronization targeted at various segments of the telecom industry.

DIT Systems expressed interest in acquiring 26 Group after having been introduced to the company’s innovative product – multifunctional and easy-to-use YB26 Mobile Mail (now re-branded as DIT Mobile Mail), which aggregates users’ information across ALL their email accounts and social networks allowing them to seamlessly work with it out of a single user-friendly interface, anytime, anywhere.

DIT Mobile Mail is enjoyed by millions of subscribers worldwide which means that not only did DIT Systems acquired a successful product but moving forward will benefit from a larger client base consisting of leading mobile operators and aggregator partners.

DIT Mobile Mail works practically on any mobile device with the Internet browser and is also available through the WEB-portal and as an application for iOS/Android handsets and tablets. One of the unique features of the service is the ability to send free sms alerts informing the user of the incoming mail.

DIT Mobile Mail (dit-systems.com) was developed to help mobile handset users efficiently manage and work with constantly increasing flow of information from multiple sources. Currently DIT Mobile Mail is provided as a customized, branded solution for selected mobile operators in different markets.

As the result of the acquisition, Viachyslav Ostrovsky has been appointed as the CEO, DIT Systems.

«Our team worked with a lot of enthusiasm on the development and launch of 26 Group’s products. We are excited about this mutually beneficial partnership between two talented, creative and experienced teams, – says Viachyslav Ostrovsky, DIT Systems CEO - We have a common vision of business strategy and a common understanding of the key needs in the telecom industry. We are certain that this acquisition will successfully work towards the long-term development, expansion of the international partner network and growth in DIT Systems’ product and services portfolio».

The acquisition is part of DIT System’s expansion strategy to international markets. Within this strategy, the company considers various M&As opportunities.

 
 
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Written by / Agency / Source: DIT Systems

 
 

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DIT Systems Announces the Acquisition of 26 Group Ltd

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Publisher Contact: Tatiana Ameri - DIT-Systems.com 
+38 0444619646 t.ameri[.]dit-systems.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any DIT Systems securities in any jurisdiction including any other companies listed or named in this release.

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