PowWow Mobile, a San Francisco-based leading enterprise mobility platform, said it entered into a definitive agreement to acquire StarMobile.
The deal combines two leading companies that advisory firm Gartner designated as ‘Cool Vendors’ in Mobile App Development to present an industry leading, comprehensive enterprise mobility platform, based on a rich intellectual property and patent portfolio.
Atlanta-based StarMobile is a member company of Georgia Tech’s Advanced Technology Development Center’s (ATDC) Signature portfolio.
“Welcoming StarMobile into the PowWow Mobile family allows us to build upon our strong momentum in enterprise mobility to further accelerate growth,” said PowWow Mobile CEO Kia Behnia. “Our respective technologies are complimentary, and our combined capabilities will allow all customers to leverage our unified platform to address a broader set of use cases in the future.”
The PowWow Mobile solution is based on technology designed to disrupt the speed, complexity, and economics commonly associated with delivering productivity-enhancing apps to an increasingly mobile-first workforce. The PowWow SmartUX Platform accelerates mobile app development by transforming existing Windows and web applications and workflows into modern mobile experiences or; by creating net new apps that connect to any third-party data source, API or SQL. With PowWow Mobile, users can easily design and deploy personalized, intelligent and secure apps that run anywhere, on any device (PC, laptop, tablet, phone or watch) and any OS (iOS, Android, Windows 10, or HTML5).
“Four years ago, StarMobile started with a vision to enable companies to modernize and mobilize the applications they use to run their business faster, simpler and at a lower cost than any other approach,” said Todd Fryburger, president and chief executive officer of StarMobile. “The company has set the pace for innovation in enterprise mobility ever since our core technology was conceived at the Georgia Tech Networks and Mobile Computing Research Group. We are excited by this combination with PowWow, as it takes that vision to a new level, leverages our respective strengths, and provides customers with a powerful platform to enable them to fulfill the explosive demand for digital transformation.”
PowWow and StarMobile’s boards of directors unanimously approved the transaction. The deal is expected to close within the next 30 days, subject to approval by the respective shareholders and other customary closing conditions. Terms were not disclosed.