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Microsoft today announced that it wants to acquire Musiwave SA, a division of Openwave Systems Inc that provides ringtones, music downloads, video clips and other music related services to mobile phone carriers:
Microsoft Corp. today announced it has entered into an exclusivity agreement around its intention to acquire Musiwave SA, an Openwave company and a leading provider of mobile music entertainment services to operators and media companies. The acquisition would bring Musiwave’s relationships with music labels, device makers and mobile operators that deliver digital entertainment to consumers, together with Microsoft’s Connected Entertainment technologies and services, including Windows Mobile, Zune, MSN and Windows Live. Should the transaction proceed, Musiwave would continue to operate out of its current headquarters in Paris.
There are more details about the Musiwave services on the Musiwave Web site, but obviously Microsoft considers that it will embellish the music side of Microsoft mobile offerings.
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November 15th, 2007 at 11:51 AM
[...] Agreement has been reached on the Musiwave acquisition that Microsoft revealed was in progress on Monday. According to Musiwave’s parent, Openwave Systems Inc., the price to Microsoft is US $46 million plus assumption of Musiwave’s debt which is believed to be approximately $4 million. Filed under Acquisitions, Microsoft [Permalink] [TrackBack] [...]