Check this week's press release at Openwave, a leading software provider for the mobile application market.
Operators are starting to consolidate !
"REDWOOD CITY, Calif. and WARRINGTON, UK - May 10, 2004 -- Openwave Systems Inc. (Nasdaq: OPWV), the leading provider of open software products and services for the communications industry, and Magic4, the leading provider of messaging software for mass market mobile phones, today announced they have signed a definitive agreement for Openwave to purchase all outstanding shares of privately held Magic4. Openwave plans to integrate Magic4 into its client software operation.
"With Magic4, Openwave will become the number one open standards based software provider for data phone manufacturers," said Don Listwin, president and CEO, Openwave. "Browsing and messaging are the core engines that power advanced mobile data services today. The acquisition of Magic4 is part of our overall growth strategy and serves to deepen Openwave's relevance on the phone while ensuring that manufacturers can deliver a seamless user experience as operator service requirements evolve." "
VentureWire has more information about the deal.
