Altruist acquires US based RelayStrategy!

Altruist Technologies Private Limited, one of India's largest telecom value-added services (VAS) player has acquired a US based Web and Mobile Technology company RelayStrategy in a complete buyout for cash transaction. RelayStrategy has been developing custom web and mobile applications for clients across healthcare, finance, insurance verticals.

This acquisition enables Altruist currently a major Voice Social networking player to enter the 3G data applications space and also to monetise RelayStrategy's technology capability by directly creating and hosting India focussed downloadable apps on various app-stores like ITunes, Android Marketplace, Blackberry Store etc. The acquisition also provides Altruist & Mobile2win a strong opportunity to extend their current offerings on Voice and SMS to RelayStrategy clients.

RelayStrategy's technology enables the delivery of innovative 3G VAS across various smart phone types through a quick deployment middleware which takes away the manual process of porting and trans-coding for various devices.