BANGALORE, INDIA: MindTree Ltd., a global IT Solutions Company, today announced that it has entered the business of developing ready-to-brand mobile handset products.
Called N!Mo (Next in Mobility), the new business will offer feature-rich, white-labeled mobile handsets to telecom service providers and Original Equipment Manufacturers (OEMs). It will be headed by Samartha Raghava Nagabhushanam as President & CEO and will be a part of MindTree’s Product Engineering Services group.
MindTree’s N!Mo will address the complete product lifecycle - from Concept through Delivery, leading to Ready-to-Brand (R2B) products for its customers. Superior user experience will be at the heart of products conceived by N!Mo and the recent acquisition of Kyocera Wireless India (KWI) provides a strong foundation.
The Kyocera team has delivered 45 million wireless phones and has extensive experience in 4G technologies such as WiMax and Long Term Evolution (LTE). N!Mo leverages cutting-edge wireless expertise, coupled with MindTree’s chip-to-cloud product engineering expertise.
“MindTree has been recognized among the top five global R&D Service Providers by Zinnov Management Consulting. N!Mo further adds to our strong leadership position of delivering intellectual properties (IPs) and design services, by offering Ready-to-Brand products in Wireless Technologies to our customers. This will enable higher value creation through non-linear business models,” said MindTree President and Group-CEO, Product Engineering Services, S. Janakiraman.
“MindTree’s entry into the mobile products business is a natural step forward in our product engineering services journey. N!Mo will become MindTree’s 7th engine of growth and will play an important role in achieving our stated vision of $1 Billion in revenues by 2014,” said MindTree Executive Chairman Ashok Soota.
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