Microsoft acquires MobiComp but financial details unknown

Microsoft has agreed to buy Portuguese mobile software company MobiComp.

By: Kristin Wright

Published: Jun 26, 2008

Updated: Feb 8, 2010

Microsoft has agreed to buy Portuguese mobile software company MobiComp.

Microsoft has agreed to buy Portuguese mobile software company MobiComp in the U.S. software giant&#39s biggest ever investment in Portugal, Microsoft&#39s chief in Portugal said on Thursday.

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Microsoft&#39s head in Portugal, Nuno Duarte, said Microsoft intends to turn MobiComp into a research and development unit in Portugal after the acquisition. He gave no financial details of the purchase other than that it was Microsoft&#39s biggest investment in Portugal to date.

MobiComp is a mobile solutions provider that creates value for mobile operators and service providers through the protection, sharing and discovery of mobile content.

The company is known for its MobileKeeper, a family of integrated products, which helps operators get maximum value from 2.5G and 3G networks.

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