Lucent Mobile, Inc. Acquires Proxomo Software, Inc.

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Acquisition creates integrated build-and-deploy mobile solutions platform for both enterprises and individuals.

Lucent Mobile, Inc. today announced they have reached a definitive agreement to acquire privately-held Proxomo Software, Inc., a leading mBaaS (mobile backend-as-a-service) provider. As part of the transaction, Lucent Mobile, Inc. a private investor-backed company will operate going forward under the Proxomo name.

Proxomo currently provides a unified API that allows customers to easily integrate the Proxomo BaaS platform and realize the benefits of having it as their back-end services manager – more powerful apps, reduced time to market, and lower development costs to maintain a variety of context services and third party APIs. Combined with Lucent Mobile’s market leading cross-platform mobile app development technology, the new company will command a unique position in the rapidly growing web and mobile app development and deployment market.

“We are extremely excited about what this transaction means for our company, employees and shareholders. With the addition of Proxomo, we will be able to offer additional capabilities to our industry leading solutions and enterprise customers that will competitively differentiate us in the marketplace,” said Kurt P. Pimentel, CEO at Lucent Mobile, Inc. “We plan to invest and enhance the Proxomo platform by adding new features and functionality for existing and new developers and to maintain our leadership in the web and mobile app market.”

According to Proxomo’s CEO, MeLinda McCall, “Joining forces with Lucent Mobile will enable Proxomo’s mobile Backend as a Service (mBaaS) to realize its full potential. We always dreamed of making the necessary investments to bring our mBaaS to more developers both individually and in enterprise, and now we have the resources to make those dreams a reality, while continuing to provide the high level of service our growing developer community appreciates.”

“This is a well-timed strategic marriage,” stated Proxomo advisor and CEO of BookShout!, Jason Illian. “With Facebook’s recent acquisition of Parse and now Lucent Mobile’s acquisition of Proxomo, the market is validating the growing need for ‘backend as a service’ technologies.”

The combined company will be headquartered in downtown Dallas, Texas.

Terms of the transaction were not disclosed.

About Lucent Mobile, Inc.

Lucent Mobile, Inc. is a Dallas, Texas based company that designs, develops, hosts and maintains mobile solutions in a cross platform environment for enterprise customers. Additionally, they offer consulting services to companies that need help developing their mobile roadmap.

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About Proxomo Software, Inc.

Proxomo Software, Inc. is a Dallas, Texas based mobile backend as a service (mBaaS) cloud technology company that enables web and mobile innovators to build feature rich, highly scalable, ultra secure apps radically faster. It was named one of Gartner Group’s six “Cool Vendors in Context-Aware Computing”.
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