Oracle, Telia Chalk Out Mobile Net Company
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The as-yet-unnamed company will be based in Sweden, and will link the wireless projects from both companies. and Telia. Oracle's (ORCL)Portal-to-Go, a platform-interoperable Net content delivery product which is still in development, will play into the new assembly line. Wireless application protocol technology will also be targeted.
The first services are expected to arrive this spring. Financial terms of the agreement were not disclosed.
"Sweden is a prime example of how a country can take a leading position within the field of IT by offering cutting-edge mobile Internet solutions to the international marketplace," said Pier-Carlo Falotti, Oracle's European operations chief. He added most people are underestimating the strength of Telia's research and development program.
One successful WAP-based product already released by the two companies is MyDOF, which Telia and Oracle claim as the first commercial WAP portal.
Karlberg said the new company will serve to consolidate joint operations.