Siemens Invests in Singapore's PurpleACE for Mobile Storage

Siemens Mobile Acceleration has made an equity investment in Singapore-based PurpleACE, a start-up developing a platform that enables mobile subscribers to deal with content in an entirely new way by extending the limited storage capacity of the devices. Subscribers can backup data from their mobile phones onto a network-based repository and also share their content with other users. Furthermore, MobileBAG enables "super-distribution" of content in a copyright protected environment. Subscribers could choose a piece of content, for example a game, add a personal message, and send it to friends and family. Financial terms were not disclosed.
http://www.siemens.com
http://www.purpleace.com/