Search company, investor...
Livewire Mobile company logo

Livewire Mobile

livewiremobile.com

Stage

Acq - P2P | Acquired

Valuation

$0000 

Revenue

$0000 

About Livewire Mobile

LiveWire Mobile, a division of NMS Communications (NASDAQ: NMSS), is a global provider of managed personalization services for mobile operators. These services allow subscribers to create their own mobile identity and to define their own mobile experience. LiveWire Mobile achieves this by infusing powerful personalization capabilities into traditional mobile communications that are easy to use for subscribers and lucrative for operators. In June 2013, Livewire Mobile was acquired by OnMobile Global. The valuation of Livewire Mobile was $17.8 million. Other terms of the deal were not released.

Headquarters Location

One Monarch Drive

Littleton, Massachusetts, 01460,

United States

978-742-3100

Missing: Livewire Mobile's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Livewire Mobile's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Livewire Mobile Patents

Livewire Mobile has filed 4 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/26/2006

4/22/2014

Telephony signals, Videotelephony, Telephony equipment, Calling features, Noise reduction

Grant

Application Date

7/26/2006

Grant Date

4/22/2014

Title

Related Topics

Telephony signals, Videotelephony, Telephony equipment, Calling features, Noise reduction

Status

Grant

Latest Livewire Mobile News

Sale of Livewire Mobile Business Assets to OnMobile Has Closed

Jul 22, 2013

Company to be Re-named; Management Transitions Announced July 22, 2013 08:39 AM Eastern Daylight Time RADNOR, Pa.--( BUSINESS WIRE )--Livewire Mobile, Inc. announced today that the sale of certain of its assets and liabilities to OnMobile Global Limited has closed. In connection with the closing, the Company received cash proceeds (net of transaction costs) of approximately $14.3 million. An additional $2.9 million was placed into escrow for certain performance and other contingencies. No distributions to shareholders are planned at this time. $1.74 million of the proceeds will be deposited with the United States District Court of Massachusetts in compliance with an order stemming from a suit brought by two former directors of the Company’s non-operating Bangalore, India subsidiary seeking indemnification against potential Indian tax liabilities. The Company continues to believe these indemnification claims as well as their associated underlying Indian tax claims are without merit and is maintaining a vigorous defense. The Company will immediately proceed to change its name to Live Microsystems. Live Microsystems, with its remaining assets and liabilities, will continue to trade on the limited-disclosure tier of OTC Markets and has applied for the new stock symbol LMSC. Investors seeking future information concerning the company or its stock are advised to look for company press releases filed on the OTC Markets under the symbol LMSC. This will be the only location that future corporate information is guaranteed to be posted. Also effective with the closing, the majority of the Company’s employees have become employees of OnMobile. Further, the Company announces the following management changes: Robert Pons will continue as Chairman of the Board of Live Microsystems; Matthew Stecker will retain his role as CEO of Live Microsystems, and also become Treasurer; Todd Donahue, formerly CFO, has accepted a leadership role at OnMobile; Matt Gerritsen will retain his role as General Counsel of Live Microsystems "We're excited to have closed this transaction and are eagerly pursuing new business opportunities that will allow us to take advantage of our operating structure and large cumulative NOL in a way that is favorable for all shareholders. We will also be working to secure successful redemption of escrow funds related to the OnMobile transaction as well as favorably dispose of existing litigation," said Matthew Stecker, CEO of Live Microsystems. Live Microsystems’ new corporate address and contact information: 150 N. Radnor Chester Road Suite F200

Livewire Mobile Frequently Asked Questions (FAQ)

  • Where is Livewire Mobile's headquarters?

    Livewire Mobile's headquarters is located at One Monarch Drive, Littleton.

  • What is Livewire Mobile's latest funding round?

    Livewire Mobile's latest funding round is Acq - P2P.

  • Who are the investors of Livewire Mobile?

    Investors of Livewire Mobile include OnMobile.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.