Deal summary
- Microsoft has agreed to acquire STNC, the communications software developer
- STNC, which had approximately 40 employees, was to remain in the United Kingdom and become a fully integrated extension of Microsoft’s Productivity Appliances Division.
- STNC’s products were to be integrated into the evolving Microsoft wireless telephone platform based on the Microsoft Windows CE operating system and Microsoft microbrowser technology.
- STNC’s technology was to be integrated into future digital cellular products to enable customers to read e-mail messages, view their calendars and contact information, and access corporate information and the Internet.
About STNC
Founded in 1993, STNC was focused on the development of leading-edge communication software for the digital cellular telephone industry. STNC’s products included a broad range of wireless communications software based on Internet standards and designed for use in small mobile appliances such as cellular telephones and handheld computers
About Microsoft
Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software for personal computers. The company offers a wide range of products and services for business and personal use, each designed with the mission of making it easier and more enjoyable for people to take advantage of the full power of personal computing every day.
Microsoft and Windows are either registered trademarks or trademarks of Microsoft Corp. in the United States and/or other countries.
"STNC has always believed in the delivery of information to wireless devices through the use of Internet standards, a view that is clearly shared by Microsoft. “Our experience in the wireless industry has convinced us that Microsoft’s strategy of delivering end-to-end products and solutions is a compelling one for both operators and handset vendors. We are delighted to be given the opportunity to become an important part of Microsoft’s wireless telephone platform team and help deliver on our mutual vision"
