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Article

HTC Buying Dashwire

HTC said Friday that it’s buying Seattle-based Dashwire Inc for around $18.5 Million

It's ostensibly to strengthen HTCSense.com's hand in mobile cloud services since the five-year-old company's Dashworks platform offers mobile and web applications for setting up and personalizing smartphones and tablets, and synchronizing content across multiple devices.

However, it's suspected HTC, currently in a multi-front wrestling match with Apple over Android, wants Dashwire at least as much for its patents. Dashwire bought patents off of Nathan Myhrvold's Intellectual Ventures back at the beginning of April but only for defensive purposes.

HTC last month agreed to buy S3 Graphics for $300 million, a deal that should bring it a reported 235 mostly graphics patents. Perversely, the International Trade Commission recently decided that Apple's Macs, but not its iPads or iPhones, infringe S3 patents, making it less useful to HTC.

Dashwire is backed to the tune of around $3.86 million by Trilogy Equity Partners and Best Buy Capital, according to CrunchBase.

More Stories By Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara

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