|Phone.com Redefines the Mobile Portal With the Acquisition of @Motion Inc.|
Posted: 21-Dec-1999 [Source: PRNewswire]
[Phone.com to Integrate @Motion's Internet Voice Portal Technology With Its MyPhone Service Creating the First Portal With WAP, SMS and Voice Access ]
REDWOOD CITY, Calif -- "Phone.com, Inc. (Nasdaq: PHCM), a leading provider of mobile Internet software and services, today announced it has signed a definitive agreement to acquire @Motion Inc. for $285 million. Headquartered in Redwood Shores, California, @Motion is an emerging provider of Voice Portal technology for the converging telephony and Internet industries. @Motion's Internet Voice Portal(TM) will voice-enable both Phone.com's MyPhone(TM) mobile portal and its UP.Link Server Suite(TM) WAP 1.1 platform. In addition, @Motion will add voice communications services such as virtual assistant and unified messaging to the MyPhone offering. The combined technology strengthens Phone.com's leadership position by allowing network operators to augment their WAP offerings with voice access to subscribers' personal and Internet information.
"Phone.com's innovative software, licensed to 47 network operators and over 25 phone manufacturers worldwide, has led the first stage of the mobile Internet revolution," said Alain Rossmann, chairman and CEO of Phone.com. "With the acquisition of @Motion, we are redefining the mobile Internet through the power and ubiquity of voice. True mobile portals are more than just a re-formatting of PC-oriented Web content. The MyPhone service will integrate powerful voice communication capabilities such as Virtual Assistant and Unified Messaging with spoken access to email and information services. This acquisition will significantly expand Phone.com's potential market by enabling any phone to access the mobile Internet via voice."
"This acquisition is in line with Phone.com's strategy to create the leading platform for the delivery of Internet services to mobile phones. "The @Motion acquisition is important because it demonstrates our commitment to offer new and innovative technologies that enable our customers to increase their per subscriber revenues while strengthening subscriber loyalty," said Alan Black, Phone.com's chief financial officer. "We are very excited to add @Motion's 40 employees to our team, including 30 engineers."
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