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12th May 2004 - Openwave Systems Inc. (Nasdaq: OPWV),
the leading provider of open software products and services
for the communications industry, and Magic4, the leading
provider of messaging software for mass market mobile
phones, today announced they have signed a definitive
agreement for Openwave to purchase all outstanding shares
of privately held Magic4. Openwave plans to integrate
Magic4 into its client software operation.
“With Magic4, Openwave will become the number
one open standards based software provider for data
phone manufacturers,” said Don Listwin, president
and CEO, Openwave. “Browsing and messaging are
the core engines that power advanced mobile data services
today. The acquisition of Magic4 is part of our overall
growth strategy and serves to deepen Openwave’s
relevance on the phone while ensuring that manufacturers
can deliver a seamless user experience as operator service
requirements evolve.”
“This is great news for our customers,” said
Simon Wilkinson, CEO, Magic4. “By bringing together
the leaders in the sector, the combined talent of the
company will allow us to create the industry’s
most integrated solutions across the widest array of
handsets.”
"This acquisition demonstrates Openwave's understanding
of current industry needs," said Scott Ellison,
Director, Wireless and Mobile Communications, IDC. "Tighter
integration between the primary data applications on
the phone- messaging and browsing - is essential to
improving service usability and driving adoption. Moreover,
a comprehensive client-server offering will position
operators to better deliver unique, integrated messaging
and content experiences that can build subscriber loyalty."
Openwave and Magic4 have a heritage of working together
to enable user-friendly messaging services on top of
Openwave’s core client and server side data technologies.
Combining Magic4’s unique messaging expertise with
Openwave’s pervasive client software will provide
manufacturers with the assurances they need to invest
in new handsets designed to enable a growing number
of rich data services.
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