Friday, March 23, 2007

Openwave Looks For Buyer, Loses CEO

Redwood City-based Openwave said this morning that it has retained Merrill Lynch & Co., to explore strategic alternatives to enhance shareholder value, including a possible sale of the company. The provider of mobile software also said that it has appointed Robert Vrij as President and CEO of the firm, following the resignation of current President and CEO David Peterschmidt.