SEVEN Networks To Merge With Smartner

"SEVEN Networks Inc. and Smartner Information Systems Ltd., two closely held niche players in the wireless e-mail sector, plan to announce a merger as early as next week, sources told Dow Jones."

"Additional details weren't immediately available."

[Dow Jones]

SEVEN had pulled their IPO sometime last year. Company had filed for $100M IPO with only $7M in 2003 revs (net loss $13M). Look for the combined company to compete with Visto, Infoware, Good, Blackberry and others in the space.