Smith Micro Announces Sale of Moho® 2D Animation Software – Consumer Electronics Net

3 months ago
PITTSBURGH–(BUSINESS WIRE)–Smith Micro Software, Inc. (NASDAQ: SMSI) today announced the sale of its product line of Moho 2D animation software to Lost Marble LLC. As part of the sale, Lost Marble, which was founded by Mike Clifton, the original creator of Moho, and Victor Paredes, animator from Cartoon Saloon and former Product Manager of Moho, has acquired ownership of both Moho Pro and Moho Debut from Smith Micro.
“We remain laser-focused on maximizing the profitability of our three solutions for wireless carriers – SafePath
®, CommSuite
®, and ViewSpot
®,” said William W. Smith, Jr., President and CEO of Smith Micro Software, Inc. “Divesting the Moho product line to Lost Marble is a win for all parties involved as it enables us to devote 100% of our energy to our wireless portfolio and customers, while enabling the original creator of Moho to carry on the software’s legacy in the 2D animation space.”

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