WHITE PAPERS SPONSORED PROFILES JOB BOARD WEBINAR CENTER FREE SOFTWARE BZ RESEARCH ALMSHAREPOINT EVENTS CALENDAR PRINT/PDF EDITION PRINT/PDF BACK ISSUES

SUBSCRIBE TODAY CUSTOMER SERVICE EDITORIAL CALENDAR EDITORIAL BEATS GUEST VIEW GUIDE SD TIMES 100 GUIDE EVENTS CALENDAR ADVERTISING ARTICLE REPRINTS REPORT A BUG SITE MAP

ABOUT US BZ MEDIA NEWS BZ RESEARCH NEWS ON MONDAY SPTECHREPORT SPTECHWEB SPTECHCON IPHONE/IPAD DEVCON ANDROID DEVCON PRIVACY POLICY CONTACT US

HOME >> EMBEDDED NEWS

Openwave's client business sold to Purple Labs

By P J Connolly

August 1, 2008 — A supplier of Linux technology for mass-market 3G mobile phones has expanded its business by purchasing the client offerings of a developer of personalized mobile services.

Purple Labs and Openwave Systems have reached an agreement that calls for Openwave to hand over its client business and related handset manufacturer relationships to Purple in exchange for US$30 million in cash; warrants to buy 2% of Purple Labs’ common stock; and, if certain conditions are met, another $2 million. In addition, Openwave will provide services to Purple for a period up to six months long and will be responsible for the first $2 million of transition service costs.

Purple Labs CEO Simon Wilkinson said as part of the announcement that “by acquiring this portfolio and the Openwave client team, Purple Labs becomes a global leader in mobile software, powering both traditional and Linux-based mass-market phones.”

Openwave’s interim CEO, Bruce Coleman, explained in a prepared statement that the company wants to refocus away from handsets to its network-based offerings.

Purple Labs is based in Chambéry, France, and is funded by three European venture capital firms: Earlybird Venture Capital, Partners Group and Sofinnova Partners. Openwave has its headquarters in Redwood City, Calif.

Related Search Term(s): Embedded development, Linux, Openwave, Purple Labs

Share this link: http://sdt.bz/32573

Most Read Latest News Blog Resources

Zeichick’s Take: Radio moves from analog waveforms to digital packets
Streaming radio highlights the need for streaming applications to be designed to take up as little bandwidth as possible

Taking enterprise architecture to the business side
Startup Corso is bringing out a cloud-based planning platform that ties into business plans

Appcelerator Acquires Cocoafish to Add Instant Mobile Cloud Capabilities to its Industry Leading Titanium Platform
Appcelerator Offers Messaging, Social, Location and Storage Mobile Cloud Services to All Mobile App Publishers

ComponentOne Releases a Collection of 40+ UI Widgets Powered by HTML5 and jQuery
ComponentOne has announced the 2012 release of Wijmo: a kit of UI widgets for HTML5 and jQuery development

Taking enterprise architecture to the business side
Startup Corso is bringing out a cloud-based planning platform that ties into business plans

Top five apps to manage your workload
Web applications offer new ways to track your “to-do” lists

Not so fast when it comes to testing in the cloud
Developers face outsourcing, virtual lab management and mobile devices as obstacles

Xceed releases UX-focused suite for Microsoft’s WPF
"Blendables" helps match user experiences to developer visions

Are you at risk for burnout?
Burnout is a severe problem and it can strike at any time. Here's how to tell if you are nearing the edge.

Agility, mom, and apple pie
If we're to evaluate the state-of-the-art in software development, we should start with the values espoused in the Agile Manifesto.

RIM woos developers with free tablet
How do you get more apps ported to the BlackBerry PlayBook? By giving every developer a free tablet, of course!

GitHire: Use Headhunters to Find Your Perfect Programmer
Are you a hiring manager tired of scouring the job boards? Check out this new service that will find 5 people interested in your jobs.

The Hidden Costs of Software Licensing Moving beyond paper-based software licensing to more flexible, software-based licensing is a business decision. There is a growing trend tow...

Case Study: You May Need a Development Mechanic As a contractor for a major financial player in Germany, SOBEGE, a German-based consultancy specializing in embedded IT and web services, wa...

Ensuring Software Quality at a Major International Bank One of the world’s leading international banks has adopted AgitarOne technology for delivering generated unit tests for their Java software...

Load Testing Adobe Flex Applications Adobe Flex applications may be different from applications you’ve worked with before. For classic HTML web applications, the server does all...

Technorati

Digg

Slashdot

Facebook

Friendfeed

Twitter

del.icio.us

Openwave's client business sold to Purple Labs Announced in June, the deal puts US$30 million of Purple's cash into Openwave's hands, along with warrants for 2% of Purple's common stock. Purple intends to expand its presence in the mobile software business while Openwave will focus on its network-based services.

Mobile companies band around Linux for ARM Six companies have created Linaro, which is taking on mobile Linux with a stricter release schedule and a cohesive test stack

Linux is still dealing with a fragmented ecosystem The Linux Foundation hopes to reverse the split up caused by multiple packages and distributions by focusing on mobile

Add comment

Name*
Email*
Country

Comment

Openwave's client business sold to Purple Labs
Announced in June, the deal puts US$30 million of Purple's cash into Openwave's hands, along with warrants for 2% of Purple's common stock. Purple intends to expand its presence in the mobile software business while Openwave will focus on its network-based services Read More...

News on Monday
more>>
SharePoint Tech Report
more>>

Download Current Issue
FEBRUARY 2012 PDF ISSUE

Need Back Issues?
DOWNLOAD HERE

Want to subscribe?

Are you at risk for burnout?
Burnout is a severe problem and it can strike at any time. Here's how to tell if you are nearing the edge.
02/09/2012 02:16 PM EST

Agility, mom, and apple pie
If we're to evaluate the state-of-the-art in software development, we should start with the values espoused in the Agile Manifesto.
02/07/2012 11:57 AM EST

RIM woos developers with free tablet
How do you get more apps ported to the BlackBerry PlayBook? By giving every developer a free tablet, of course!
02/04/2012 01:57 PM EST

GitHire: Use Headhunters to Find Your Perfect Programmer
Are you a hiring manager tired of scouring the job boards? Check out this new service that will find 5 people interested in your jobs.
02/03/2012 12:17 PM EST

Facebook claims hacker cred
Facebook's SEC S-1 filing form includes a short essay on the Hacker Way by Mark Zuckerberg himself.
02/02/2012 08:26 AM EST

Ryan Dahl steps down
Ryan Dahl, creator of Node.js, steps back from his position as gatekeeper for the project.
02/01/2012 04:58 PM EST