Microsoft tunes in Musiwave acquisition
InternetNews | at | by Mike
Microsoft on Monday announced its plan to acquire Musiwave SA, a unit of Openwave Systems, through an exclusivity agreement it has reached with the Paris-based provider of mobile entertainment services.
Through the acquisition, Microsoft hopes to leverage Musiwave's relationships with digital content providers in the mobile space to enhance its own Connected Entertainment applications, including Windows Mobile and Zune.
Financial terms of the proposed acquisition were not disclosed. Openwave acquired Musiwave in September 2005 for $121 million.