China: Digby Announces Acquisition of Movaya Wireless, Inc.Byline: deepak03 Digby, the leading provider of mobile commerce solutions for retailers, today announced the acquisition of Movaya Wireless, Inc., a Seattle, Washington-based mobile software company focused on building digital goods storefront applications for the iPhone, Android An open platform for cellphones from the Open Handset Alliance (OHA). Based on Linux, Android includes a library of Java classes for building mobile applications. Android and GPhone and mobile web platforms. Additionally, Movaya Chengdu Technology, Ltd., Movaya s Asian operations center The facility or location on an installation, base, or facility used by the commander to command, control, and coordinate all crisis activities. See also base defense operations center; command center. , will form the basis for Digby Chengdu Technology, Ltd. Digby Chengdu will serve as Digby s hub for the rapidly expanding mobile commerce market in Asia. Movaya co-Founder and Chief Technology Officer, Stanley Wang, has joined Digby as Vice President of Engineering. Movaya is a pioneer in the mobile commerce ecosystem, said David Sikora, founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Digby. Its storefront platform and team will significantly extend our current platform and overall production capacity. In addition, our new offices in Chengdu will allow us to serve the largest and fastest growing mobile market on the planet. Every month, seven million new mobile subscribers join the existing 650 million mobile users, and we re only at the front of the smartphone A cellular telephone with information access. It provides digital voice service as well as any combination of e-mail, text messaging, pager, Web access, voice recognition, still and/or video camera, MP3, TV or video player and organizer (see PDA). adoption wave. This acquisition positions Digby to aggressively expand our leadership in the worldwide mobile commerce market. We re thrilled to be joining forces with Digby at this critical stage of market development, said Phil Yerkes, co-founder and Chairman of Movaya. The transaction will allow our mobile commerce vision to be realized through the Digby Mobile Commerce Suite, and it provides a very exciting opportunity for all of Movaya team members. Movaya Wireless was formed in 2006 by Phil Yerkes and Stanley Wang. Their core product, Movaya Platform M, is utilized by software developers, game developers, and content producers to monetize Monetize 1. To convert into money. 2. To convert from securities into currency that can be used to purchase goods and services. Notes: For example, you'll often hear Internet marketers talk about "monetizing website visitors. their digital assets created for mobile device users. The product offers rich capabilities that enable content producers to create branded storefronts utilizing a unique set of self-service technologies. Platform M was also tightly integrated into various carrier-based billing systems including AT&T, Verizon, T-Mobile and others, enabling a seamless bill-to-phone payment system for acquiring digital products. The transaction, subject to customary closing conditions, will be finalized See finalization. by November 15, 2009. Catapult catapult (kăt`əpŭlt'), mechanism used to throw missiles in ancient and medieval warfare. At first, catapults were specifically designed to shoot spears or other missiles at a low trajectory (see bow and arrow). Advisors LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control advised Movaya on the transaction. Copyright : Euclid Infotech Pvt. Ltd. Provided by Syndigate.info an Albawaba.com company |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion