Audiovox, which had created a number of handhelds running the Pocket PC Phone Edition, is selling the wireless portion of its business to UTStarcom.
In a prepared statement, John Shalam, Audiovox’s Chairman, CEO and majority shareholder, said, “We have decided to exit that business because we believe we no longer have the capabilities to be a major player in that market. UTStarcom’s position in the communications industry makes them better suited to meet the challenges of this exciting market.”
UTStarcom is the single largest handset provider in China. It intends to use the acquisition of Audiovox Communications Corporation (ACC) to expand its business in North and South America.
As part of the deal, UTStarcom has a license to sell handsets with the Audiovox brand for 5 years. It is not known if this company will continue to make wireless handhelds running Windows Mobile.
Audiovox had created several wireless handhelds over the years. The most recent is the PPC 4100, which is slated to go on sale through AT&T wireless this month.
It also created the Audiovox Thera, the one of the first cellular-wireless Pocket PCs.
Thanks to infoSync World for the tip.