Monday, November 27, 2006

VeriSign Acquires inCode Wireless

Mountain View-based VeriSign said today that it is in a definitive agreement to acquire San Diego-based inCode Wireless, a consulting and business firm. The deal is worth $52M. InCode provides wireless business and technology consulting to wireless, wireline, cable, and telecom equipment manufacturers. VeriSign said that the acquisition will not be material to its 2006 financial results. InCode is backed by Sequoia Capital, Focus Ventures, and inOvate.

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