M&A Deal Summary

Smith Micro Software Acquires PCTEL - Mobility Solutions Group

On December 10, 2007, Smith Micro Software acquired software company PCTEL - Mobility Solutions Group from PCTEL for 60M USD

Acquisition Highlights
  • This is Smith Micro Software’s 8th transaction in the Software sector.
  • This is Smith Micro Software’s 2nd largest (disclosed) transaction.
  • This is Smith Micro Software’s 9th transaction in the United States.
  • This is Smith Micro Software’s 1st transaction in Illinois.

M&A Deal Summary

Date 2007-12-10
Target PCTEL - Mobility Solutions Group
Sector Software
Buyer(s) Smith Micro Software
Sellers(s) PCTEL
Deal Type Divestiture
Deal Value 60M USD

Target

PCTEL - Mobility Solutions Group

Bloomingdale, Illinois, United States
PCTEL - Mobility Solutions Group is a provider of mobility solutions for cellular and IP wireless networks including advanced support for technologies such as 3G, Wi-Fi, WiMax, VoIP and IMS software for converged mobile handsets.

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Buyer(S) 1

Buyer

Smith Micro Software

Pittsburgh, Pennsylvania, United States

Category Company
Founded 1982
Sector Software
Employees231
Revenue 41M USD (2023)
DESCRIPTION

Smith Micro Software is a provider of software solutions that simplify, secure and enhance the mobile experience. Smith Micro Software was founded in 1982 and is based in Pittsburgh, Pennsylvania.


DEAL STATS #
Overall 10 of 18
Sector (Software) 8 of 13
Type (Divestiture) 4 of 9
State (Illinois) 1 of 1
Country (United States) 9 of 14
Year (2007) 3 of 3
Size (of disclosed) 2 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-11 Insignia Solutions

London, United Kingdom

Insignia Solutions Plc is a provider of provisioning-infrastructure software to mobile operators and device manufacturers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-29 Tatara Systems - Mobile Broadband Group

Acton, Massachusetts, United States

Tatara Systems - Mobile Broadband Group is a management software and mobility gateway software to support authentication, authorization and accounting (AAA) for carrier deployments.

Buy -

Seller(S) 1

SELLER

PCTEL

Bloomingdale, Illinois, United States

Category Company
Founded 1994
Sector Technology Hardware
Revenue 99M USD (2022)
DESCRIPTION

PCTEL is a provider of propagation and wireless network optimization solutions. The company designs and develops software-based radios for wireless network optimization and develops and distributes innovative antenna solutions. The company's SeeGull(R) scanning receivers, receiver-based products, and CLARIFY(R) interference management solutions are used to measure, monitor, and optimize cellular networks. Its SeeGull scanning receivers are deployed in industry-leading wireless test and measurement equipment and are viewed as an essential wireless data collection tool for cellular network optimization, drive tests, and spectrum clearing. PCTEL was founded in 1994 and is based in Bloomingdale, Illinois.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-14 Bluewave Antenna Systems

Calgary, Alberta, Canada

Bluewave Antenna Systems Ltd. designs, manufactures, and distributes rugged antennas for harsh conditions, targeting manufacturing process control in the energy and utility industries and communication systems in extreme environments.

Buy -