Spyglass has acquired Windows CE based software engineering firm, Navitel, to help it fulfil its $20 million deal with Microsoft to provide Internet applications for the operating system.
The Internet software firm announced it had signed a three year agreement with Microsoft on Wednesday (see VNU Newswire, 7 April, 1999), but has purchased Navitel for $11.3 million worth of stock to boost the number of engineers it has with Windows CE skills to 35.
The aim is to offer customised application development environments to help customers build applications for Windows CE devices deployed, for example, in the medical world, in car systems or in TV set top boxes.
Bruce Beerdower, Spyglass? investor relations manager, said: "We needed additional resources to proceed with the Microsoft agreement, so we acquired the engineering expertise. Navitel has a pool of 20 employees who are very well experienced at developing in the Windows CE environment."
Menlo Park, California based Navitel developed software for Microsoft?s Windows CE based Hermes Web phone that was demonstrated at the Cebit show in Hanover, Germany, last month, (see VNU Newswire, 18 March, 1999).
Spyglass also owns Allpen, which provides Windows CE development skills and Beerdower said the company was keen to acquire additional engineering talent across the world, possibly through acquisitions. It also sells Java based software.
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