BackWeb + Mobix Wireless Data
Technology, Net2000 Communications + FreBon
International, PMC-Sierra + Datum
Telegraphic, ProsoftTraining.com +
ComputerPREP, Scient + AXIDIA, Stems
and Vines + Flowersandgifts.com,
WebTrends + OpenSoft
Communications, Yahoo! + eGroups
BackWeb (BWEB) to acquire Mobix Wireless Data
Technology |
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Amount: $16
million |
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Terms:
cash and stock |
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Premium: n/a |
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Industry:
Speed/Bandwidth |
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Scorecard: B+ |
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SAN JOSE, June 28--BackWeb Technologies ,
a leading provider of push for e-business solutions, announced that it has
acquired the technology assets of Mobix Communications Ltd., a
leading provider of technology platforms for wireless data solutions, for
approximately $16 million in cash and stock. With the acquisition, BackWeb receives all Mobix software
technology and intellectual property rights, as well as key members of the
Mobix engineering team. The technical team will form the nucleus of
BackWeb's wireless development efforts and will enable BackWeb to
accelerate its entry into the wireless market with its patented Polite push
technology.
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