MindTree, the popular IT Solutions Company is now getting into the development of Mobile phones now.
This new division in MindTree called N!Mo (Next in Mobility) will deal with conceptualizing, designing,and developing white-label mobile devices for different service providers and OEMs who will in turn brand them and sell it in the global forum.
Samartha Raghava Nagabhushanam, the founding director of Kyocera Wireless India, which MindTree acquired recently, will head the N!Mo division in MindTree.
This new division in Mindtree is expected to bring in revenues of $9 Million (42 Crore Rupees) in the next 6 months and help MindTree in achieving the $1 Billion target by 2014.
(Source: The Times of India)