PALO ALTO, Calif. -- HP (NYSE:HPQ)(Nasdaq:HPQ) today announced that it has signed a definitive agreement to purchase Bitfone Corp., a privately held global software and services company that develops software solutions for mobile device management for the wireless industry.

The acquisition is part of HP’s strategy to grow its mobile enterprise business. Acquiring Bitfone will strengthen HP’s ability to provide customers with a flexible, modular approach to building a mobile infrastructure by allowing them to choose what they need to meet their business needs.

“Mobile device management is a key component to driving widespread mobile IT deployments,” said Dave Rothschild, vice president, Handheld Business Unit, Personal Systems Group, HP. “With the acquisition of Bitfone, HP adds mobile device management to a comprehensive management suite that already includes servers, desktops and notebooks.”

HP Inc. (NYSE: HPQ)