News

Deal Announcements

Openwave Acquires WiderWeb for $9 Million

Tuesday, February 20, 2007 7:00:00 AM PDT | VentureDeal Staff

REDWOOD CITY, CA --  Openwave Systems, Inc. (Nasdaq: OPWV) has announced the acquisition of WiderWeb Ltd., a developer of mobile web access solutions, for $9 million.

WiderWeb will provide Openwave with an open internet browsing solution that re-formats web content for mobile phones.  It will be integrated into Openwave's mobile gateway infrastructure, which is designed to let operators offer consumers a broader range of media content choices delivered to their mobile devices and phones.

The transaction consists of $5 million cash and up to a $4 million contingent earn-out.

Email Page  Email Page | Print Page Print Page

Free Trial

Want unlimited access to the complete database with thousands of technology companies, VCs and transactions for only $25 per month?

Start your Free 14 Day Trial now – no obligation or credit card required.

Free 14 day trial. No Obligation. Click to Register.