Mobile infrastructure vendor Syniverse has agreed to acquire the mobile messaging business of VeriSign for about $175 million.
The acquisition will include VeriSign products that help mobile operators deliver SMS and MMS messages, provide picture messaging applications, and deliver third-party content, as well as tools for enterprises to automatically send messages to employees, customers, and partners. Syniverse, based in Tampa, Fla., hopes to complete the deal by the end of this year.
[ Stay ahead of the key tech business news with InfoWorld's Today's Headlines: First Look newsletter and InfoWorld Daily podcast. ]
VeriSign started out as an SSL certification authority and branched out into managing Internet DNS infrastructure by buying Network Solutions in 2000. In the middle of this decade it began to acquire mobile operator infrastructure companies in hopes of cashing in on the growth of mobile services. But by late 2007, the company said it would divest its noncore businesses, including the mobile messaging products.
Syniverse plans to bring on most of the 300 employees from the VeriSign unit, most of them in the United States and the Asia-Pacific region, including more than 100 in India, the company said. There is some overlap between Syniverse and VeriSign's inter-carrier message gateway businesses, but VeriSign's PictureMail, Premium Messaging Gateway, and Mobile Enterprise Solutions product lines will bring Syniverse into new markets, said Syniverse spokeswoman Diane Rose.
Get the independent advice and expertise you need to support a virtual workforce.
The increase in Linux popularity has increased the frequency and sophistication of malware attacks. Read this 2 page white paper now to learn how you can protect your Linux environment with real-time protection that is certified by all major Linux vendors.
Download now »
Ensuring acceptable application delivery will become even more difficult over the next few years. As a result, IT organizations need to ensure that the approach that they take to resolving the current application delivery challenges can scale to support the emerging challenges. This handbook elaborates on the key tasks associated with planning, optimization, management and control and provides decision criteria to help IT organizations choose appropriate solutions.
Download now »
A common misconception is that mid-range storage requirements are dramatically different than that of a larger enterprise. Mid-range storage users may require less capacity, but they have similar functionality and management requirements. This ESG paper examines mid-range storage needs and reviews a new solution that adjusts size while retaining value, performance and functionality.
Download now »
Sign up to receive InfoWorld Resource Alerts
15 Recommendations
