Beijing-based Thunder Software Technology has acquired Bulgarian MM Solutions, which specializes in mobile phone imaging video and audio. The value of the transaction is reported to have been €31m and will result in allowing MM Solutions to increase its client based and expand its services. The company has strategic partnerships with Texas Instruments and Qualcomm. ThunderSoft is expected to integrate the technologies of MM Solutions into its own platforms and further enhance its intelligent vision solutions. MM Solutions was founded in 2001.
