Marlin Equity Carving Out Openwave Units
April 17, 2012- Share:
Marlin plans to rename the businesses Openwave Mobility (formerly Mediation) and Openwave Messaging, as well as make substantial investments in the businesses' research and development. The software companies will focus on providing carrier-grade solutions in the Mobility and Messaging segments. The deal is expected to close this month.
Communication Software
SaaS
Redwood City, CA
Carveout
Investor
Seller
Openwave Systems
(NASDAQ: OPWV)
Advisor
Jefferies & Company
(financial)
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