Extended Systems To Acquire ViaFone

Extended Systems ViaFone

The deal calls for Extended Systems, a provider of mobile management and synchronization software, to exchange all outstanding ViaFone shares for 3 million shares of the company's common stock. The transaction is valued at about $11.4 million, an Extended Systems spokeswoman said.

The acquisition is an opportunity for Extended Systems to pick up technology that rounds out its services set, said Steve Simpson, Extended Systems president and CEO.

Specifically, ViaFone brings realtime synchronization capabilities, mobile development tools, a professional services organization and relationships with systems integrators, Simpson said.

"ViaFone expands and complements our product line, [providing a broad and complete set of services to global 2000 customers," he said.

In addition, ViaFone's development tools will help speed time to delivery for applications such as CRM and ERP, Extended Systems executives said.