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    HTC Buys Mobile Web Services Company Dashwire For Up To $18.5 Million

    Robin Wauters

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    Robin Wauters is the European Editor of tech blog The Next Web and lead editor of Virtualization.com. He was a senior staff writer at TechCrunch until his departure in February 2012. Aside from his professional blogging activities, he’s an entrepreneur, event organizer, occasional board adviser and angel investor but most importantly an all-round startup champion. Wauters lives and works in... → Learn More

    Friday, August 5th, 2011
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    dashwire

    Taiwanese smartphone maker HTC this morning announced that it has agreed to acquire, through its HTC America Holding unit, 100% of Seattle-based mobile-web connected services company Dashwire for a maximum purchase price of $18.5 million to boost its HTCSense.com mobile cloud services offering.

    Dashwire offers a range of consumer, social and device management software services for mobile operators, device makers and retailers. The company’s platform is available for Android, Windows Mobile, Symbian and BlackBerry.

    On its website, Dashwire says it is backed by investors who ‘built the wireless and technology industries’ at McCaw Cellular, Western Wireless, Voicestream, Nextel, China Unicom, and Microsoft.

    Another investor is Best Buy Capital, the retail giant’s investment arm.

    At the end of last year, Dashwire raised $1 million in debt financing.

    The company was founded by CEO Ford Davidson, a former Product Manager in the Mobile Devices group at Microsoft. Dashwire’s CTO, James Prudente, helped build critical elements of Amazon’s web operation in its early days, and also helped create the Amazon Mobile group.

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    Crunchbase

    Company: HTC
    Website: htc.com
    Launch Date: 1997

    HTC Corp, (TAIEX: 2498) produces smartphones running the Android and Windows Phone 7 operating systems for themselves and as an OEM to other manufacturers. Since launching its own brand in late 2006, the company has introduced dozens of HTC-branded products around the world. The company recently introduced the HTC diamond to compete with Apple’s iPhone. Founded in 1997 by Cher Wang, Chairwoman, and H T Cho - former CEO who is a chairman now, HTC made its name as...

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    Company: Dashwire
    Website: dashwire.com
    Launch Date: August 11, 2006
    Funding: $3.86M

    Dashwire offers the industry leading mobile-web connected services platform for mobile operators, device makers and retailers to seamlessly deliver a new generation of real-time consumer, social and device management software services on open mobile phones. Today the company supports BlackBerry, S60 and Windows Mobile, which represent approximately 75% of the smartphones being sold in the market. Android support is scheduled for Q1 2010.

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