Lucent Technologies Inc. announced it agreed to acquire Mobilitec, a privately held provider of content management software for wireless service providers.
Lucent said Mobilitec’s solutions will strengthen its voice, video, data and multimedia applications platforms, thus enabling more service offerings for mobile and broadband subscribers.
San Mateo, Calif.-based Mobilitec has 70 employees worldwide and counts Vodafone, Orange Israel and M1 as customers.
Sandip Mukerjee, vice president of Lucent’s Applications Solutions business, explained that the acquisition will help Lucent “provide its customers with solutions that help them introduce new, next-generation services and capture new sources of revenue.
“Combining content-delivery technology and `context aware’ capabilities–such as presence and location?will enable service providers to produce unique offers that can appeal to new market segments and groups of users.”
Though Lucent didn’t disclose how much it agreed to pay for Mobilitec, the company noted that it expects the all-cash transaction to close by the end of this year.
In other Lucent news, there were no surprises in the company’s official tally of its shareholder votes for and against Lucent’s proposed merger with France’s Alcatel Inc. In a filing with the Securities and Exchange Commission, Lucent reported that 51.98 percent of its shares voted in favor of the merger, virtually the same amount the company posted at the end of its shareholder meeting last week after an initial vote count.
For the merger to move forward, Lucent needed at least 50 percent of its shares to vote in favor of the deal, which many have called an all-out acquisition since Alcatel is set to pay $10.7 billion to join forces with Lucent. In the combined company, to be called Alcatel Lucent, Alcatel shareholders will control 60 percent of the firm’s stock, while Lucent shareholders will control the remaining 40 percent.
