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<< World’s First Magnetic Communications Wireless Headset Announced at DEMOmobile | ARCHIVES | BugMe! named among Top 10 PDA apps >>
Posted by: Bill Landon on Tue, Sep 16, 2003 Provided by: FreeTranslation.com |
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| Pumatech, Inc. To Acquire Synchrologic, Inc. |
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Pumatech, Inc. today announced that it has entered into a definitive agreement to acquire Synchrologic, Inc. in a transaction designed to cement Pumatech as the leading provider of synchronization solutions to the enterprise, technology licensing and consumer markets. Valued at approximately $60 million, the transaction is expected to generate operational savings and positive cash flow for Pumatech.
Synchrologic’s product line provides mobile access to enterprise applications, email and PIM data, file content, intranet sites, and Web content, while giving IT the tools to remotely manage mobile devices. Pumatech will maintain and enhance Synchrologic’s Mobile Suite platform, which will form the cornerstone of Pumatech’s server-based enterprise synchronization offering. Pumatech believes the acquisition of Synchrologic will enhance Pumatech’s enterprise offerings, while also serving to bolster the Company’s position, patent portfolio and technology leadership in the synchronization and mobile infrastructure software arenas. Pumatech currently holds 53 issued technology patents, 26 pending patents, has agreements with more than 200 technology licensees, a presence in virtually all of the Fortune 1000, and the leading retail position among synchronization software products. Pumatech offers more information on its products and services at www.pumatech.com |
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