Alcatel-Lucent Acquires OpenPlug
Alcatel-Lucent (NYSE: ALU) has acquired OpenPlug for an undisclosed amount announced Wednesday.
As a result, applications that had previously only been available on more sophisticated devices such as smartphones can now be enjoyed by consumers on any mobile device, which opens up opportunities in emerging markets, where low cost mobile phone circulation is highest.
This is the second acquisition that Alcatel-Lucent has made in three months to expand and enhance the application ecosystem. The company acquired ProgrammableWeb in June 2010.
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