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]

Openwave browser company sold

Openwave Systems has sold its mobile software business to Purple Labs, which develops Linux-based software. The deal, worth $32 million, will see Purple Labs continuing to maintain Openwave's existing products as well as using Openwave technology in its own software. [Press release]