Abaxia
Abaxia operates as a software developer providing mobile handset software solutions for network operators and handset manufacturers.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor | €0.0 | round | |
$13.0m Valuation: $13.0m | Acquisition | ||
| Total Funding | 000k | ||
Abaxia, established in 2001, was a software developer focused on the mobile telecommunications sector. The firm was founded by Cédric Mangaud and headquartered in Sevres, France, strategically positioning itself within the European technology landscape. Mangaud's entrepreneurial drive led him to establish a company specializing in the personalization of mobile handsets for network operators, a key area of differentiation in the burgeoning mobile market of the early 2000s.
The company's business model revolved around providing white-label software solutions to mobile carriers, enabling them to brand and customize the user experience on the devices they sold. This approach helped carriers increase average revenue per user (ARPU) by promoting their own services and content directly on the phone's primary interface. Abaxia's clientele consisted of mobile network operators who sought to control the look and feel of their offered handsets.
Abaxia's product suite included several core offerings. The 'Mobile Portal' was an embedded application that placed carrier services and information directly on the phone's idle screen. Another key product, 'Mobile Finder,' integrated device and web search capabilities into the home screen. Supporting these was the 'Abaxia Open Platform,' a server-side solution designed to push content, search functionalities, and advertising to the mobile device's front screen, ensuring services were always just one click away from the end-user.
After nearly a decade of operations and securing investments from firms like IDF Capital and XAnge, Abaxia was acquired by the Taiwanese smartphone manufacturer HTC in June 2010 for approximately €11 million. The acquisition was a strategic move for HTC to deepen its software development capabilities and strengthen its relationships with mobile carriers, which were crucial for handset distribution.
Keywords: mobile software, handset customization, mobile network operators, carrier software, white-label mobile, user interface personalization, idle screen applications, mobile portal, Abaxia Open Platform, HTC acquisition, Cédric Mangaud, embedded mobile applications, ARPU enhancement, mobile device management, front screen services