Aliso Viejo-based Smith Micro Software Inc. said Tuesday it’s buying Watsonville-based Allume Systems Inc. for $12.75 million.
Smith Micro makes a range of software for sending faxes, videoconferencing and for placing phone calls via the Internet. Allume makes software that compresses and archives data.
Smith Micro is set to pay $11 million in cash and $1.75 million in stock to buy Allume.
“Allume’s compression technology and their talented employees bring us a new opportunity as we continue to expand our product offerings to wireless carriers and handset providers,” said William Smith, Smith Micro’s chief executive officer. “With the explosive expansion of camera wireless phones and mobile devices, handset providers continue to need additional storage for all of this data, be it pictures, full motion video or audio.”
