Smith Micro Software, Inc. announced the divestiture of its ViewSpot platform, selling it to a US-based company. The transaction was completed on June 3, 2025. This strategic move is a milestone in the company's plan to focus exclusively on its SafePath family safety solutions.
The divestiture allows Smith Micro to concentrate its resources on the SafePath platform, including upcoming innovations like SafePath 8 with AI-powered features. This sharpened focus aims to deliver innovative family safety solutions to customers and end users. Management stated the company is "laser focused on capitalizing on the demand for family safety."
The company believes this strategic realignment will contribute to its goal of returning to growth and profitability. By shedding non-core assets, Smith Micro aims to optimize its operational efficiency and investment in its primary business segment. This move underscores a clear strategic direction for the company's future.
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