Smith Micro Acquires Circle Media Labs' Operator Business

Smith Micro Software, Inc. (NASDAQ: SMSI) has announced that it has acquired the operator business of Circle Media Labs Inc, the company said.

Pursuant to the transaction, Smith Micro has acquired certain assets, including customer contracts and a perpetual source code license to Circle´s robust parental control software. This newly acquired technology will further enhance Smith Micro´s SafePath® Connected Life Platform, providing a comprehensive connected life experience for Family Location and Parental Controls, IoT, and Home under a common experience.

The acquisition expands the Smith Micro portfolio and will enhance the overall capabilities of the SafePath platform, combining two industry-leading solutions. The combined solutions will further bolster SafePath´s digital parenting value proposition in the operator marketplace with applications to optimize parental controls inside and outside of the home.

Smith Micro develops software to simplify and enhance the mobile experience, providing solutions to some of the wireless service providers and cable MSOs around the world. For more information, visit www.smithmicro.com.