The mobile browser company Openwave is buying European distribution for $121 million: It has bought out French-European mobile contentcompany Musiwave...Openwave will acquire all outstanding shares of Musiwave for a total purchase price of approximately euro 99.5 million and a contingent earnout of up to an additional euro 15 million. This equates to approximately $121 million, and an additional $18 million respectively, based on the Euro-US Dollar exchange rate of September 23, 2005.

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