Openbit's License Manager is one potential solution to the problem of distributing and paying for mobile applications, games and content. It enables customers to pay for applications on their device using operator phone bills (70 operators worldwide), by VISA, Mastercard and American Express. Enabling on-device payment is estimated to increase sales by as much as 100%. The License Manager also includes superdistribution functionality which enables end users to copy content to other users over Bluetooth. Superdistribution generates an estimated 25% of extra sales on S60 content items.
Press Release:
Openbit to focus on middleware solutions for mobile payment and digital rights management
Multimedia business assets acquired by PacketVideo
Openbit Ltd, the leading provider of global on-device payment, superdistribution and digital rights management (DRM) solutions for mobile applications, will place its sole focus on its fast growing License Manager business and further strengthens its technology and services portfolio to better address the needs of the mobile software vendors and content distributors.
Openbit’s other business operations will be divested to companies having firm focus on these activities. Openbit’s Multimedia business has been acquired by PacketVideo Corporation, and Openbit’s Software Market operation has been transferred to Soft Invest Oy. Openbit Ltd will continue to provide Nokia Software Market with technology solutions.
“Our License Manager has provided software vendors with new efficient means to distribute S60 software applications worldwide. Through this move, we will become much stronger to leverage the License Manager solution to new mobile platforms and customer segments”, says Arto Lehtonen, CEO of Openbit Ltd.