jump to navigation

VeriSign sells European mobile branch to Sinon February 9, 2009

Posted by aikservices in Europe, Financial, MMS, Sinon, VeriSign.
Tags: , , , ,

Global internet infrastructure services provider VeriSign is selling its European mobile branch to Austrian investment group Sinon, with effect from 1 January. The new company, which specialises in mobile messaging, will be called Mobile Messaging Solutions. The sale follows VeriSign’s decision to withdraw from the mobile business sector and focus more on its online naming and security activities. MMS has named Otto Legerer as CEO. The management team comprises Peter Kraus as CFO and Harald Weinberger in the role of CTO. Kraus was previously VeriSign’s financial manager. Weinberger says that the company aims to expand its presence in Vienna and Central and Eastern Europe. Furthermore, ongoing technical development and innovation will be encouraged allowing the company to continue its ongoing expansion into new markets in Asia and Africa. MMS aims to provide mobile applications and SMS services with its international mobile messaging network made up of data centres. These centres will be responsible for the transmission of more than 240 million SMS messages each year on behalf of tier 1 clients including all Austrian mobile communications operators, media providers and large branded organisations. The company will also focus on SMEs to receive support for mobile marketing. MMS and VeriSign plan to continue a long-term partnership within the verticals of mobile security and mobile international services. 

Mobile Industry News


No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: