Smith Micro Software

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Smith Micro Software, Inc.

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(NASDAQ:SMSI)
Contact Information
Smith Micro Software, Inc.
51 Columbia, Ste. 200
Aliso Viejo, CA 92656
CA Tel. 949-362-5800
Fax 949-362-2300

Type: Public
On the web: http://www.smithmicro.com
Employees: 410
Employee growth: (25.3%)

Smith Micro's software ambitions are anything but small. Founded in 1982, the company provides a variety of network communications, wireless and utility software, including applications for managing wireless network connections such as Wi-Fi hot spots, mobile music distribution, and integrating voice, fax, and data communications. Other products include personal firewall, system utility, and diagnostic software. Smith Micro sells its software directly, as well as through distributors and partners such as Verizon Wireless and AT&T. Its wireless connectivity software also comes installed on laptops from companies such as Apple and Dell.

Key numbers for fiscal year ending December, 2011:
Sales: $57.8M
One year growth: (55.7%)
Net income: ($159.6)M

Officers:
Chairman, President, and CEO: William W. Smith Jr.
VP and CFO: Andrew C. (Andy) Schmidt
VP and CTO: David P. Sperling

Competitors:
Cisco Systems
Microsoft
Omtool

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Smith Micro Software Inc.

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Wikipedia on Answers.com:

Smith Micro Software

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Smith Micro Software, Inc
Type Public
Traded as NASDAQSMSI
Industry Software, Networking
Founded 1983
Headquarters Aliso Viejo, CA
Key people William W. Smith Jr.
Chairman and CEO
Revenue increase$98.4 million[1] USD (2008)
Net income increase$3.16 million[2] USD (2007)
Employees 558 (2011)
Website http://www.smithmicro.com

Smith Micro Software, Inc., founded in 1983 by William W. Smith, Jr., is a diversified developer and marketer of both enterprise and consumer-level software solutions and services. Though headquartered in Aliso Viejo, California, Smith Micro maintains multiple domestic and international offices, with United States locations in Mountain View and Watsonville, California, Chicago, Illinois, and Pittsburgh, Pennsylvania, as well as international locations in Europe and Asia. Recently, the company has shifted focus toward network connection and security technologies, and begun forays into the evolving wireless media industry, as indicated by major partnerships with cellular service providers such as Verizon Wireless,[3] AT&T,[4] and Sprint Nextel.[5]

Contents

Mission

Today, the Smith Micro mission is to help its global customers thrive in a highly complex wireless ecosystem with software solutions that:

  • Simplify mobile connectivity to reduce support costs and increase stickiness of mobile subscribers
  • Optimize network and device resources for maximum performance and efficiency
  • Enable a safe, productive wireless environment that meets enterprise standards for security and control
  • Engage and maintain relevance to end users in response to business threats from device makers, internet giants such as Google and Facebook, and the explosion of over-the-top application and content providers

Corporate history

In the company's early days, Smith Micro centralized its product focus on dial-up modem and fax software technology, distributing predominantly to OEM computer software/hardware manufacturers. By the early 90s, the company had become one of the leading names in its industry niche. With an IPO in 1995, Smith Micro became publicly traded in the NASDAQ under the symbol SMSI. Initial stock offering values were approx. $12.75 per share.[6]

By the late '90s, dial-up internet access was being replaced by cable internet,DSL, and wireless broadband technologies, due to the substantially higher speed and reliability it afforded. This change led Smith Micro to re-apply its network connection expertise to new, wireless and mobile network software. Network connection management became a specialization of the company and, as such, Smith Micro developed products of interest to large-scale mobile network operators such as AT&T, Bell Canada, Orange, Sprint, T-Mobile, Verizon, and Vodafone. While fax and modem-related products were still being sold, the QuickLink® family of wireless connection manager solutions became the company's primary source of revenue in the early 2000's.

In 2005, Smith Micro moved to expand its consumer product line with the acquisition of Allume Systems and their StuffIt data compression software. Shortly after the acquisition of Allume Systems, Smith Micro further expanded its market presence with the purchase of Israel-based image editing company, PhoTags. Following these and other acquisitions (e frontier America)[7] and (busineSMS.com Software)[8] Smith Micro expanded its overall consumer business presence, though retained a central focus on network and wireless-related products.

In early 2008, the company began to expand its portfolio to help operators and enterprises meet the growing demand for wireless access and mobile services. Smith Micro introduced solutions for enhanced mobile communications, such as push-to-talk software, visual voicemail services, and video streaming. These solutions help operators build loyalty with subscribers and monetize data services. Smith Micro also expressed interest in WiMAX broadband,[9] a newly developed cellular technology, typically considered to be a 4G wireless protocol, and a candidate for the replacement of current 3G cellular systems.

Over the past few years, with more media being consumed “on-demand” from rapidly evolving mobile devices such as smartphones, tablet computers, USB modems, and mobile hotspots, wireless networks are reaching capacity and operators are struggling to meet the demand. In 2011, Smith Micro announced several new solutions that extend the company’s core connectivity platform to solve new problems and offer more value to mobile operators and consumers. For example, solutions such as QuickLink Hotpot Manager™, Experience Manager™, and Mobile Network Director™ are designed to make it easier for consumers to access their favorite mobile services from any device, over any network access point—seamlessly and securely—without worrying about the type of connection or authentication required.


Key products

Connectivity and security

  • Experience Manager
  • Mobile Network Director
  • QuickLink Mobile
  • QuickLink Hotspot Manager
  • QuickLink Mobility
  • SODA


Communications

  • Push-To-Talk
  • Visual Voicemail


Device Management

  • Device Management Suite
  • Enterprise Device Management


Content & File Management

  • Vidio
  • Vidio XTP
  • SendStuffNow


Graphics and utilities

  • Graphics - Poser, Anime Studio, Manga Studio, GroBoto, ArtRage Deluxe, Pixelmator, muvee Reveal, STOIK Imagic, STOIK PanoramaMaker
  • Compression - StuffIt
  • Productivity - FAXstf Pro, JobFinder, OrgChart, QuickVerse, TurboProject
  • Performance - CheckIt, ExecutiveSync, Internet Cleanup, Spring Cleaning, VMWare Fusion[citation needed]
  • Entertainment - Aquazone, Digital TV 4 PC 2, TuneRanger
  • Mobility

Major acquisitions

Acquisition date Company Business Country Value (USD)
02005-07 July 2005 Allume Systems Software / Data compression  United States $11 million
02006-04 April 2006 PhoTags Software / Image editing Israel Israel $6 million
02007-12 December 2007 e frontier America Digital distribution / Graphic design  United States --
02007-02 February 2007 Ecutel Software, wireless  United States $8 million
02008-01 January 2008 PCTel Wireless Software / Wireless  United States $59.7 million
02009-09 September 2009 Core Mobility Software / Wireless  United States $20.2 million

References

External links


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