Thursday, 31 July 2008

Sagem Mobile splitting

French air and defence company Safran is separating its Sagem Mobile business. The new company will be called Sagem Wireless and will be controlled by Sofinnova, a French venture capital firm. The software part of Sagem Mobile is being sold to Purple Labs, which recently bought Openwave. [Safran press release; Purple Labs press release]

1 comment:

Mark @ The Fonecast said...

The Purple Labs deal has now been completed. [Press release]