Microsoft picks up 35% equity stake in Oxigen
| Microsoft picks up 35% equity stake in Oxigen |
| BS Reporter / New Delhi January 23, 2008 |
| Microsoft Corporation has acquired a 35% equity stake in mobile-integrated platform provider, Oxigen Services India. Oxigen is an electronic recharge and prepaid distribution brand. By partnering with Microsoft, Oxigen expects to expand its business rapidly in the virtual payments and distribution space using Microsoft |
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First Published: Jan 23 2008 | 4:46 PM IST