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It appears that a formal announcement of Bharti Telesoft's (BTSL) acquisition of Bangalore based Jataayu Software is due. As per ET, Jataayu is valued at around $20 million. Jataayu is reported to have a revenue of around $10 million, offering primarily in the WAP platform solutions for mCommerce and mobile entertainment. Jataayu has alliances with Saudi Telecom Company, Verisign, TCS and … Continue Reading »