Smith Micro Software

Smith Micro Software, Inc

Type	Public (NASDAQ:SMSI)
Founded	1983
Headquarters	Aliso Viejo, CA
Key people	William W. Smith Jr. Chairman and CEO
Industry	Computer Software, Networking
Revenue	▲$98.4 million[1] USD (2008)
Net income	▲$3.16 million[2] USD (2007)
Employees	359 (2009)
Website	http://www.smithmicro.com

Smith Micro Software, Inc. (NASDAQ:SMSI), 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 US locations in Northern California, Southern California, Illinois, Virginia, 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].

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 broadband technology, 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. While fax and minor modem-related products were still being sold, wireless connection manager technology was the company's primary source of revenue in the early 2000s.

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], Smith Micro expanded its overall consumer business presence, though retained a central focus on network and wireless-related products. In early 2008, the company expressed interest in WiMAX broadband^[8], a newly developed cellular technology, typically considered to be a 4G wireless protocol, and a candidate for the replacement of current 3G cellular systems.

Key Products

Connectivity and Security

• QuickLink Mobile
• QuickLink Mobility

Server and Device Management

• QuickLink Mobility Server
• QuickLink Mobile Server
• insignia
• StuffIt Wireless

Mobile Convergence

• QuickLink Voice
• QuickLink Messenger
• QuickLink PhoneSync

Multimedia

• QuickLink Media

Graphics and Utilities

• Graphics
• Compression
• Productivity
• Performance
• Entertainment
• 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	$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

• Smith Micro Corporate
• Smith Micro Consumer Products