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.