Wipro Ltd, india’s third-largest IT services firm has acquired the enterprise mobile TV unit owned by Finland-based leading mobile phone manufacturer Nokia for an undisclosed sum.
A Wipro spokesperson declined comment as the company was in its “silent period” before the announcement of its annual results on Wednesday.
It is understood that Nokia has decided to sell the unit as the company is planning to focus on the consumer side of the mobile TV business. The mobile television and on-demand video, much touted a few years ago, did not evoke much interest from the public.
Moreover, Wipro currently offers mobile software-product-realisation and consulting services to Forum Nokia community members. Its services can be provided either from India or any of its global locations