Company Information

Drutt was founded in April 2000, when the portal development team from a 1990s joint venture between Oracle and Telia Mobile was spun off into a separate company. Telia remained a shareholder, but Oracle sold its shares to IT Provider, a venture capital company, in 2004.

As part of the Oracle/Telia joint venture, the team behind Drutt developed the world's first unified messaging system and WAP portal. The unified messaging solution was commercially deployed at Telia under the brand name of DOF.

Drutt took the WAP portal to market in Sweden as Halebop, which attracted 600,000 subscribers, or 10% of the country's mobile users, before being sold to Telia. The transaction included three portals, almost 1 million unique users from 140 countries, 300 services, 70 partners and a respected brand. In less than 18 months, Halebop had gone from "last to market" to the largest independent portal in Northern Europe.

Drutt then relinquished its role as a service provider and returned to its roots as a software development company and provided MSDP solutions to mobile network operators and large mobile service providers.

Drutt's history and core competence is based on innovation, development and implementation of complete solutions for the mobile Internet space in a smarter, faster and cost efficient manner than its competitors.

On June 8, 2007 Drutt was acquired by Ericsson (NASDAQ:ERIC). For more information please visit: http://www.ericsson.com/ericsson/press/releases/20070608-1131873.shtml