Acquires ASP, Inc. Monday acquired, a communications application service provider (ASP) for $850
million in stock. (PHCM) is a vendor of Wireless Application Protocol (WAP)-related
infrastructure products. is a communications application service
provider providing unified e-mail, voice mail, fax, and wireless-enabled
communication applications. aims its carrier-grade products at wireless telecom operators
and Internet service providers (ISPs). It claims 2.5 million registered end
users worldwide.

The companies say that’s suite of applications will be integrated
with’s offerings and will be delivered both as outsourced solutions
and standalone products to telecom and ISPs.

“We now significantly broaden our target markets and product offerings,” said
said Alain Rossmann, chairman and chief executive officer of “Together we will provide telecom and Internet-based service providers a
time-to-market advantage in deploying the next-generation killer applications
as the convergence of the Internet and wireless telephony accelerates.” is a software provider for Internet-based services to mass-market wireless telephones. The company last week announced the acquisition of Paragon, which provides
mobile data synchronization tools. It purchased Paragon for $500 million.

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