BroadSoft buys Movial's client-product unit
October 14, 2011
BroadSoft has entered into a definitive agreement to acquire Movial Applications Oy, its affiliate focused on client products and that the company will now focus on growing its software development and user experience services business.
The closing of the acquisition is subject to the satisfaction of various customary closing conditions. Movial will continue to service operators with IP Communications device solutions on Android, other Linux based systems and Open source IMS solutions, as well as work with SOCs on hardware acceleration capabilities to unlock optimized user experiences.
Movial designs and delivers precision engineered device software, cloud services and system integration services for global OEMs and ODMs enabling them to better monetize through value added services and differentiated end user experiences.
A key new growth area for the company is the design and engineering of innovative services across vertical industries including telecom, electronics, manufacturing, Internet and healthcare.
Movial expects to further partner with BroadSoft with a goal of designing and engineering cutting edge device UIs and compelling IP communications services that would help expand BroadSoft’s products to new devices. Movial will also continue its service design practice that innovates with operators on new IPTV and IMS experiences.
Phil Marshall / Tolaga Research
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