CNET también está disponible en español.

Ir a español

Don't show this again

Mobile

Openwave snaps up U.K. rival

The two cell phone messaging software makers plan to close the deal by July.

Cell phone software maker Openwave Systems has purchased U.K.-based rival Magic4 for $82.6 million. Openwave Chief Executive Don Listwin on Tuesday said the acquisition is expected to close in July.

Openwave's strongest product is a Web browser, which is used in the majority of Internet-enabled phones. But the company has lagged in selling its cell phone messaging software to handset makers. Four-year-old Magic4, whose investors include Motorola, specializes in software needed for enhanced wireless messaging services like video mail. It's software will be in 50 million cell phones this year.