Telecom software specialist Artilium has acquired Trisent Communications, which helps mobile network operators tailor services based on the geographic location of their clients’ mobile phones, for £1.7 million. The consideration was satisfied in £460,000 cash with the balance paid in some 1.24 million shares.

Telecom software specialist Artilium has acquired Trisent Communications, which helps mobile network operators tailor services based on the geographic location of their clients’ mobile phones, for £1.7 million. The consideration was satisfied in £460,000 cash with the balance paid in some 1.24 million shares.

Artilium’s directors believe location-based services is a growing part of the communications market, with research from Gartner Group predicting that subscriptions to these services across Europe, North America and Asia will rise from £7 million in 2006 to £298 million by 2011.

Dunfermline-based Trisent was founded by Dr Gordon Povey, who remains with the company post completion. The company’s technology helps network operators offer real-time tracking services similar to GPS, but without the need for satellites or the installation of other costly equipment on the network.