Michael Cowpland, former CEO of
who resigned Aug. 15, has bought a majority stake in
ZIM Technologies International.
His goal? To make ZIM a leader in applications for the wireless world. With the acquisition, Cowpland takes over as president and CEO. The company, which also debuted a new logo, will now be known as ZIM. With the addition of Cowpland, ZIM will focus its attention on enabling its customers to deploy and manage applications for wireless devices.
“I was attracted by the company’s proven technologies which are already being sold successfully worldwide,” Cowpland said in a press announcement. “We’ve got a great team and we’re ideally positioned to be a leader in the emerging software market for the wireless world. What excites me about the potential for ZIM is that within four years there is expected to be over one billion cellular phones with access to the mobile Internet, which means there will be more mobile Internet use than from the desktop PC. This increased usage will make wireless one of the fastest growing markets ever and provide huge opportunities for ZIM technologies.”
ZIM is a privately owned company based in Ottawa, Canada that develops, markets and services a suite of software products.