Visto Buys Psion Software
Visto's acquisition of Psion's software division fills a smartphone gap.Visto Corp. has acquired the software division of Psion plc., company officials have confirmed. Psion Software makes Transcend Mail, enterprise-level push-based e-mail software for the Symbian operating system. Psion plc., based in London, is the largest shareholder of Symbian Ltd.
Visto makes wireless messaging software, competing with companies such as Research in Motion Ltd., which makes BlackBerry devices and server software. Visto officials said the Psion acquisition fills a smartphone gap, in addition to giving the company a European presence.