General Software Acquired by Phoenix Technologies

7/24/08Follow @gthuang

Milpitas, CA-based Phoenix Technologies (NASDAQ: PTEC), which makes PC systems software, announced today that it has signed an agreement to acquire Bellevue, WA-based General Software. Financial terms were not disclosed. The deal is intended to expand Phoenix’s presence across mobile and consumer electronics, communications systems such as network routers, and medical devices.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at Follow @gthuang