Wednesday, February 7, 2007
Smith Micro Buys Ecutel Systems
Aliso Viejo-based Smith Micro Software said today that it is acquiring Ecutel Systems, a provider of enterprise mobility software. The deal is worth $8M in cash. Smith Micro said that Ecutel complements the firm's enterprise connectivity strategy. Smith Micro will integrate Ecutel's software into its QuickLink Mobile Enterprise product. The deal is expected to close in February of 2007.