Atchik and Realtime tie the knot
Atchik and Realtime today announce their merger, and the birth of a new in mobile messaging services. The new entity, Atchik-Realtime, benefits from the complementary expertise of each of the companies, and paves the way for the creation of an unchallenged leader in the mobile services market.
Created in 1999, Atchik is a French company, which has established itself as an expert in the mobile applications sector. Atchik provides its white-label mobile services to telecom operators and Internet Service Providers, in 30 countries throughout Europe, Africa, the Middle East and Latin America. This range of services consists of chat forums, dating, games, information, as well as photo and video applications, strengthened by state-of-the-art moderation and service management.
Also created in 1999, Realtime is a Danish company, specialising in mobile services and portals. As a provider of value-added mobile services, Realtime offers mobile operators, media groups and Internet Service Providers, white-label chat and dating services, Java games, content as well as turnkey portals. Such portals are available on WAP and SIM browsing, making a unique user-friendly solution. More than 100 million subscribers today have access to Realtime's services throughout Europe, the Middle East and Latin America.
The two companies have a shared history. In 1999 their respective founders, at the time all working in Denmark, raised the idea to set up a company together. This project didn't bear fruit, and it was separately that over the last 6 years each of the companies established themselves, experiencing steady growth and development. Now, at a time when the global market of mobile services is consolidating, the two companies have decided through this merger to pool their respective expertise, and follow a joint growth strategy at an international level. This gives birth to a key player in the mobile messaging market: Atchik-Realtime.
Backed by their historical investors: Innovacom, IRDI, SOCRI, FCPI-CIC Innovation for Atchik, and GemVentures and TDC Innovation for Realtime, the new entity has the financial strength and the necessary expertise to become a world leader.
"We welcome the merger of Atchik and Realtime, two companies with proven track records of high growth, with the strength to operate at an international level. The new Atchik-Realtime already has the required expertise to become a world leader: a proven & committed management team, experienced employees, and a portfolio of prestigious customers in over 50 countries" says Guan Hwang, Principal, Gemventures.