Thursday, April 21, 2005

Motorola Invests in Asylum Telecom for Messaging Apps

Motorola Ventures has made an equity investment in Asylum Telecom, a start-up offering "turnkey" Internet-based communication solutions. Asylum's product portfolio includes anytime-anywhere access, voice VPN services, converged GSM/IP mobile, and instant messaging. The solution includes full OSS/BSS (Operation and Business Support Systems). Asylum sells through a global network of channel partners. Financial terms were not disclosed.

Asylum Telecom was founded in February 2003 and is headquartered in New York with R&D and operational support offices in Budapest, Hungary and Cambridge, Massachusetts.

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