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MACH and Cibernet join forces |
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Thursday, 17 May 2007 |
MACH, the global clearing and settlement partner for mobile based transactions and Cibernet, the mobile roaming business solutions provider have officially merged to form a new company with a global reach, serving over 650 mobile operator clients. The new look business will continue under the name of MACH. Cibernet is a name synonymous with mobile roaming in
North America, while MACH is the leading provider of clearing and settlement systems to operators in the rest of the world. The two entered into a merger agreement in March 2007, announcing their strategy to form a company that would have the capability and reach to support mobile operators across the world as the demand for mobile roaming and related services from mobile subscribers continues to increase. The new look MACH offering will be built on the foundation of MACH's robust MDS platform, a scalable 'best in class' system for data clearing that is widely used by MACH's existing client base, that is also a launch pad for clients to integrate related services to add value to their portfolio. This infrastructure will be combined with The One1Clear system, a financial clearing platform that was developed by Cibernet.
www.mach.com
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