IBM Reportedly Acquiring Israeli Mobile Management Software Company Red Bend For $250 Million

Posted on Oct 18 2012 - 8:45am by Editorial Staff

According to Israeli business newspaper Calcalist, IBM has acquired an Israeli mobile management software company Red Bend Software for a whooping $250 million, although there are no official words come out from company. The company having a number of high profile mobile partners, which includes Samsung, Motorola, LG, Sony, HTC, Asus, Dell.

Founded back in 1999 by Yoram Salinger, Red Bend Software specializes in the development of remote update software for mobile devices. It is the only company that provides standards-based products and solutions for software management, device management and mobile virtualization. Well, we keep an eye on the deal and will inform as soon as we get further more updates.

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