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Purple Labs acquires mobile browser business from Openwave
Purple Labs has
announced the acquisition of Openwave Systems' mobile software business.
"Purple Labs, a French developer of Linux-based mobile software, today announced that it has completed its acquisition of the mobile client software business of California-based Openwave Systems, in an asset sale valued at more than $32 million. The browser and messaging products acquired in the deal are among the best-selling mobile applications in the world, having already shipped in more than 1.5 billion mobile phones.
Following the acquisition, Purple Labs now supplies mobile browser software to all of the top 5 phone manufacturers, which together produce over 80% of the worlds mobile phones."
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