Today Neomobile announced the sales agreement signed with Dimoco, a European leading payment institute for carrier billing services that acquired 100% of Onebip Spa.
Neomobile was the former shareholder of Onebip SPA, the company of the Neomobile Group dedicated to pure mobile payment.
This agreement is part of a broader strategy of Neomobile, focused on 2 main aspects:
- Strengthen the existing partnership with Dimoco to reinforce their position both in Europe and Latin America.
- Be more focused on all our new initiatives in terms of innovation. As commented by Claudio Rossi, Neomobile CEO, this agreement will allow Neomobile to concentrate investments on mobile entertainment apps and programmatic advertising products and defocus on mobile payment business.
For all details about the deal here the complete press release joint with Dimoco.
DIMOCO Announces Acquisition of Onebip SpA
Acquisition adds complementary technology and accelerates DIMOCO’s entry into the Italian market
VIENNA and MILAN, 11 May 2016 – DIMOCO http://www.dimoco.eu , a leading payment institute for carrier billing services, today announced that it is acquiring Onebip SpA, a mobile payment company specialized in direct carrier billing services, to enhance its services and European market position.
The purchase of Onebip SpA from its former shareholder Neomobile SpA, further increases DIMOCO’s market share in the European carrier billing market. “The combination of Onebip’s position in the Italian market with our broader European coverage will provide our clients with access to one of Europe’s largest mobile payment markets and will make inroads into major Latin American markets, such as Brazil and Mexico,” said Gerald Tauchner, president and CEO of DIMOCO. “The acquisition is also expected to result in greater efficiencies and significantly enhanced technical abilities.”
“I strongly believe that Onebip technology and its solution suite will have a significant impact on the DIMOCO brand,” said Gianluca D’Agostino, exiting CEO of Onebip SpA. “I see material synergies in this deal and the outcome will prove to be valuable for both merchants and mobile network operators.”
The acquisition of Onebip was accomplished through the close liaison between Neomobile and DIMOCO. The two companies will continue their partnership to strengthen their position both in Europe and Latin America. Neomobile, the leading mobile commerce company and former shareholder of Onebip SPA, will focus more on digital entertainment, its main business, and leaving behind the mobile payment segment.
“This deal strengthens our partnership with DIMOCO and provides us the opportunity to focus more on our path of innovation, increasing our investments in new products in mobile entertainment and programmatic advertising, while speeding up our entry into new markets in Middle East and Asia.” said Claudio Rossi, CEO of Neomobile.
Under the terms of the acquisition agreement, DIMOCO has agreed to use Onebip’s existing payment hub and engineering staff to provide high-quality services to international merchants. Onebip’s clients will continue to receive the same quality of service they have come to expect.
Onebip is now a wholly owned subsidiary of DIMOCO Europe and employs 15 people in the city of Milan. It will be renamed to DIMOCO Italy SpA, which will continue to use Onebip as a product brand. The post-merger integration is in process and will take place over the next few weeks.
DIMOCO is a payment institute for carrier billing enabling almost 1 billion European subscribers to purchase goods and services from merchants and aggregators with their mobile devices which are charged via the operators’ billing system. http://www.dimoco.eu/press.html – Twitter https://twitter.com/Dimoco @DIMOCO & #DIMOCO
Neomobile is a leading mobile commerce company, operating on a global level, focused on digital entertainment both for mobile and web. http://www.neomobile.com – Twitter @NeomobileGroup
Onebip was founded in 2005 as the first “pure player” mobile payment via carrier billing service for digital merchants. Onebip web, mobile and in-app solution suite has proved to be one of the most successful in the market and on a global scale, leveraging on 10 years of industry experience. www.onebip.com
From left to right: Claudio Rossi, Neomobile CEO; Gianluca D’Agostino exiting Onebip CEO; Heinz Brasic, DIMOCO Europe President & COO