MobiComp to be Acquired by Microsoft

Microsoft has announced it plans to acquire MobiComp, a Portuguese software company. MobiComp’s software allows users to back-up, share and discover content on mobile phones. The company sells their software to mobile phone operators including Vodafone, TMN and Cellcom.

Founded in 2000, MobiComp has been privately funded and according to its website has been profitable since its first year in business. Microsoft plans for the company to contribute to the Microsoft Mobile Communications Business in addition to serving its existing customers. Terms of the deal weren’t disclosed.