Birdstep Technology AB has been acquired by Smith Micro Software, Inc.
Birdstep Technology ASA has sold Birdstep Technology AB to Smith Micro Software, Inc. for US$2 million.
Based in Sweden, Birdstep Technology AB is a wholly owned subsidiary of Birdstep Technology ASA. The company's wireless network optimization solutions have been used by operators and OEMs to provision, analyze, select, control and commercialize Wi-Fi and cellular networks.
Smith Micro Software, Inc., founded in 1982 by William W. Smith, Jr., is a diversified developer and marketer of both enterprise and consumer kevel software and services. The company's network access, insights and optimization solutions ensure the best quality for wireless users, while embedded mobile software creates new opportunities for wireless service providers and B2C businesses to engage with consumers via smartphones.
Oaklins' team in Sweden advised the seller in this transaction assisted by one of Oaklins' teams in the USA.
Talk to the deal team
Related deals
123.tv has been acquired by DVC Partners
123.tv, a digitally driven home and live shopping and e-commerce platform with a unique live auction format offered on its own TV channels and digital platforms, has been acquired by DVC Partners, a pan-European private equity firm.
Learn moreNiscon Inc. has been acquired by SGPS ShowRig
Niscon Inc. has been successfully acquired by SGPS ShowRig, a global provider of staging, rigging and automation for live entertainment. The acquisition reinforces SGPS Showrig’s commitment to pushing the boundaries of innovation in the entertainment industry. By adding Niscon’s unique motion-control technology to its portfolio, SGPS Showrig strengthens its ability to deliver cutting-edge, precision-driven solutions.
Learn moreOSL has been acquired by Terma
OSL Group Limited, a leader in counter-drone security and safety systems, has been acquired by Terma AS, a Denmark-based global provider of mission-critical solutions for defense, aerospace and security.
Learn more