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Openwave acquires Musiwave

Openwave today announced its acquisition of Musiwave, our French partner in the MuLiMob project.

The pressrelease mentions the following financial details:

"Under the terms of the definitive agreement, Openwave will acquire all outstanding shares of Musiwave for a total purchase price of approximately €99.5 million and a contingent earnout of up to an additional €15 million. This equates to approximately $121 million, and an additional $18 million respectively, based on the Euro-US Dollar exchange rate of September 23, 2005."

Well done Gilles, congratulations!

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