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Business Wire India - Multimedia: Digest for November 04, 2023

Business Wire India - Multimedia

Multimedia By Business Wire India
Business Wire India

Meritech a leading manufacturer of Mobile Network T&M, Network Optimization, and LPWA (Low Power Wide Area) IoT solutions announced today that it has acquired AZENQOS (AZQ), a Thailand-based 5G network testing solution provider. This acquisition will be executed through its group company, Meritech Software Private Limited, India (Meritech) and encompasses AZENQOS's flagship offering, AZENQOS ANDROID DRIVETEST for wireless networks. Meritech will acquire the AZENQOS (AZQ) in an all-cash deal with an undisclosed amount.

Meritech, a prominent manufacturer specializing in Mobile Network Testing & Measurement, Network Optimization, and LPWA (Low Power Wide Area) IoT solutions, has a global presence across India, Japan, the USA, and Germany. This strategic acquisition underscores Meritech's unwavering commitment to strengthening its foothold in emerging markets. It showcases the company's dedication to extending its market reach and delivering cost-effective mobile telemetry solutions.
 
Meritech's strategic move equips them to address the challenges associated with the growing demand for high-speed wireless services, streamlining deployment and operational complexities. Their integrated solution targets the financial hurdles faced by mobile network operators, addressing both Capital Expenditure (CAPEX) and Operating Expenditure (OPEX). By offering a cost-effective mobile telemetry solution, it empowers operators to fully leverage their network potential and integrate cutting-edge technologies like 5G and Voice over New Radio (VoNR).
 
Meritech and AZENQOS (AZQ); are privately held entities and do not have any outside investor(s), already had a relationship for the last few years.
 
"We eagerly anticipate becoming a part of Meritech Group's remarkable journey and are committed to contributing to the broader industry movement, fostering a dynamic and innovative 5G ecosystem," expressed Don Plooksawasdi, Sales Director of AZENQOS (AZQ).
 
"This acquisition represents a significant step in strengthening Meritech's presence within the rapidly evolving 5G markets. With the addition of AZENQOS (AZQ), we aim to enhance our market share in the areas of automated drive testing and cloud-based data analytics, particularly in emerging markets," stated Harish Sachdeva, Group CEO of Meritech. "We are enthusiastic about welcoming AZENQOS (AZQ) into the Meritech group and are committed to further investment in the expanding 5G market space."
Business Wire India

  • Premiere of two Large Short Films starring Jim Sarbh, one directed by Dibakar Banerjee and the other written and produced by Chaitanya Tamhane
  • Launch of a short film competition, providing a platform to talented young filmmakers; 10 shortlisted films were screened at the festival 

Royal Stag Barrel Select Large Short Films collaborated with Jio MAMI Mumbai Film Festival 2023, a platform that brings the best of contemporary world cinema to the City of Dreams, to celebrate the art of cinema in the short-film format. Over the course of two days (Nov 1-2) at PVR Maison, Jio World Drive BKC, the platform offered passionate filmmakers the opportunity to bring forth authentic stories and engaged audiences with stellar performances.

As part of the association, Royal Stag Barrel Select Large Short Films premiered two original short films at the festival – 'Badminton' (directed by Dibakar Banerjee) and 'Next, Please' (written-produced by Chaitanya Tamhane, directed by Rishav Kapoor). Starring Jim Sarbh, both films received a fantastic response from the audience. Equally engaging was the panel discussion that followed, where the moderator RJ Malishka spoke to the filmmakers, scriptwriters and Jim Sarbh about the significance of short format filmmaking and their association with Royal Stag Barrel Select Large Short Films platform. Other cast members, including Sayani Gupta, Vijay Maurya, Shreya Dhanwantry and Shardul Bhardwaj were also present at the premiere.

This year, Royal Stag Barrel Select Large Short Films also curated a short film contest #ForTheSelectOnes, inviting entries for 8 to 10-minute films across genres. The top 10 shortlisted entries were screened at the film festival, and the winners in two categories were acknowledged for their cinematic brilliance. Fostering a creative environment for filmmaking enthusiasts, the screenings were followed by engaging discussions about the rise of the short-film format, moderated by actor Inayat Sood and featuring the film creators. Awards for best film and best actor were also announced. Best Film winner was Summer of Soul by Sanjib Gogoi and Best Actor winner was James Elia from the film, Vakuppu (The Clause).

Head of Marketing, PR, and Partnerships – Jio MAMI Mumbai Film Festival, Abhishek Kumar, said, "This is a very special partnership for us, and we are thankful for the continued support by Royal Stag Barrel Select Large Short Films to Jio MAMI. The curation is incredible by some established and new talent from different parts of the country. Our aim collectively is to provide a stage for filmmakers to showcase their authentic stories and further bolster the rapidly growing demand and appetite for the short film format in India."
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