Compact Disc to buy London-based Mobsoft

New Delhi, Dec 24 (UNI) Compact Disc India Ltd has entered into a Memorandum of Understanding (MoU) to acquire 70 per cent stake in London-based Mobile Software Ltd (Mobsoft).

The company will disclose the financial details of the transaction later in the national capital, a statement issued has said.

Mobsoft has so far produced mobile games for Burger King, Coca Cola, British Police and others.

It has its main office in London and a development centre at St Pittsburg in Russia.

Compact Disc is engaged in developing and creating 2D/3D animation, multimedia and special effects for films, corporate presentations, gaming and mobiles.

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