[October 30, 2008] Tatara Systems sells mobile broadband product line to Smith Micro Tweet Oct 30, 2008 (Datamonitor via COMTEX) -- Tatara Systems, a US-based provider of femtocell convergence solution, has sold its mobile broadband product line to Smith Micro Software. Under the terms of the sale, Smith Micro Software purchased assets associated with the Tatara Service Manager client software and the Tatara Subscriber Gateway, which performs client management. Smith Micro also assumed responsibility for the company's facilities and employees based in Vancouver, Canada. The amount of the transaction was not disclosed. E Y Snowden, chairman and CEO of Tatara Systems, said: "We are very pleased with this transaction, as it enables Tatara to monetize the value of our Mobile Broadband products and apply those resources to the exciting opportunities in femtocell convergence and applications enablement." http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon [ Back To TMCnet.com's Homepage ]