Openwave Acquires Magic4
May 12, 2004, 9:54 AM by (staff)
Openwave this week announced that it has signed an agreement to acquire Magic4. Both companies provide software that is integrated into all types of mobile phones, with Openwave a leader in the browser space, and Magic4 a leader in MMS software. Openwave plans to integrate Magic4 into its client software operation. The total purchase price is approximately $82.6 million.
Qualcomm Reaches Deal To Acquire NXP
Qualcomm today announced a deal to acquire NXP Semiconductors for $47 billion. NXP is a co-inventor and key patent holder of NFC technology.
BlackBerry and Cisco Forge Patent Cross-Licensing Pact
BlackBerry and Cisco today announced that they have signed a long-term patent cross-licensing agreement. The agreement applies to a number of products and technologies, though the companies didn't specify which ones.
Opera Software Changes Name to Otello Corporation
Opera Software ASA, the former owner of the Opera browser, has changed its name to Otello Corporation. Opera Software ASA sold the Opera browser business to a consortium of Chinese investors in 2016.
Following Pebble Acquisition, FitBit Buys Vector
Vector Watch today said it has been acquired by wearable market leader FitBit. Vector, based in Romania, made several smartwatches that rely on e-paper displays and boast 30-day battery life.
Opera to Sell Browser Business to Chinese Firms for $600M
Opera Software today scrapped plans to sell its entire business to a consortium of Chinese companies and will instead sell to them its consumer browser business. The original deal, valued at $1.2 billion, would have seen a handful of China-based investment firms take over all of Opera's businesses.