The terms of the transaction were not disclosed.

“We are excited to acquire Openwave’s Location business,” said Dr. Anand Deshpande, chairman, MD & CEO, Persistent Systems. “Persistent has a decade long relationship with Openwave that has culminated in this transaction. We welcome the Openwave Location team to Persistent family.”

“We are looking forward to continuing to provide excellent services to Openwave’s Location customers,” said Hari Haran, president of Persistent Systems. “This acquisition builds on Persistent’s momentum in growing product maintenance and support services.”