Ra'anana-based Emblaze said Tuesday its mobile handset manufacturing subsidiary Emblaze Mobile has acquired a strategic interest in UK-based Global Telecoms Distribution (GTD). The company did not give details of the agreement but said that it would have a "negligible impact on cash reserves."
GTD is a major distributor of multimedia handsets in Europe and has worked with major retail and sales partners as well as networks including Three, O2, Orange, T-Mobile and Vodafone.
Emblaze expects the deal to accelerate Emblaze Mobile's expansion in Europe as its prime target market.
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