Microsoft to purchase MusiWave for $50 Million

Microsoft is apparently following up on plans to purchase French mobile music company MusiWave from OpenWave, for $46 million in cash and assuming another $4 million in debt, according to an AP story on Yahoo Finance, via David Hunter at Microsoft Tracker.

musiwave_thumb News

Microsoft announced its intentions on Monday, but details of the acquisition were not announced until today.  MusiWave provides technology, marketing, and content for mobile operators and music companies.