California-based mobile software firm Smith Micro Software, Tuesday announced that it has signed an agreement to acquire Birdstep Technology's software development and marketing arm, based in Stockholm, Sweden. The acquisition is expected to support the growth of Smith Micro's business, and enable the company to expand its market presence and customer base in APAC and EMEA.
Birdstep provides wireless network optimization solutions that allow operators and OEMs to provision, analyze, select, control, and commercialize Wi-Fi and cellular networks. Based in Stockholm, with offices in Kuala Lumpur and Kansas City, Birdstep generated revenue of approximately $6.8 million in its fiscal year ended December 31, 2015, based on unaudited financial results.
William W. Smith Jr, President and CEO of Smith Micro Software
Birdstep has been our primary competitor in policy driven solutions designed to optimize the utilization of wireless networks. The acquisition brings trained resources and complementary technology to support the new customers we added at the end of 2015, and will continue to add in 2016.
