Microsoft has agreed to buy Portuguese mobile software company MobiComp.
MobiComp gave no financial details of the purchase other than that it was Microsoft's biggest investment in Portugal to date.
By: Kristin Wright
Jun 26, 2008 18:48 PM GMT
Microsoft has agreed to buy Portuguese mobile software company MobiComp in the U.S. software giant's biggest ever investment in Portugal, Microsoft's chief in Portugal said on Thursday.
Microsoft's 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's 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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