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August 07, 2006
Swisscom Subsidiary Buys VC-Backed Swapcom
Sicap, a subsidiary of Swisscom Mobile, said Friday that it acquired French mobilephone management software firm Swapcom for an undisclosed amount. Swapcom was founded in 1999 and is backed by Spef Venture, Iris Capital Management, and Banque de Vizille.
It offers three solutions that mobile netowork operators use to manage, deliver content to, and configure their customers' mobilephones. The combined company will have a total of 190 employees with annual sales of about SFr66M.
Read - Sicap Acquires Swapcom to Strengthen Global Market Position (it businessnet)
Posted on August 7, 2006 07:00 AM | Posted to News And Updates | Permalink
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