Tata Communications to acquire BT's Mosaic

By siliconindia   |    1 Comments
Printer Print Email Email
Mumbai: Tata Communications, a part of the Tata Group, announced that it had entered into an agreement with UK based BT Group to acquire its Mosaic business. Details of the deal, including the acquisition cost have not been disclosed. Mosaic is a web portal-based on-demand digital media management platform that manages content and workflow from production to distribution across market ecosystems. Tata Communications said the Mosaic business would offer an on-demand digital media management platform that would manage content and work-flow from production to distribution across collaborative market ecosystems. It would enable enterprises to deliver innovative services that would meet rapidly-changing consumer demands, maintain and expand the number of audience and lower production costs. The new service is aimed at the entire spectrum of media customers covering production houses, emerging digital media publishers, content service providers, and TV channels, the company said. "The acquisition of the Mosaic platform strengthens our global media and entertainment portfolio, with powerful cloud-based digital media management applications that can be accessed over the Web. This enhances our existing portfolio of services that we are offering to the media and entertainment sector," said Vinod Kumar, President and COO, Tata Communications.