Smith Micro Software signs deal with VMware
Before the opening bell, Smith Micro Software, Inc. (Nasdaq: SMSI) announced it signed a deal with IT company VMware, Inc. (Nasdaq: VMW) to offer VMware Fusion software, which allows Mac users to run Windows software.
“The addition of VMware Fusion to our ever-growing product line is testament to our ability to continuously evaluate and add quality, cutting-edge products and services to our valued customers,” said David Polzine, Smith Micro’s product manager.
VMware Fusion retails for a suggested price of about $80. The software is available on Smith Micro’s websites, Apple stores and other retailers.
Smith Micro also announced before the start of trading that it will present at the Merriman Curhan & Ford 4th Annual Investor Summit in San Francisco on Monday, Sept. 17. The conference will be attended by securities analysts, fund managers and institutional investors.
In today’s trading, Smith Micro shares closed up 7.19%, or $1.10, at $16.39. Over the last 52 weeks, shares have ranged from $11.91 to $21.20.
