Matrix Communications Group has confirmed it is considering selling its Fujin mobile phone content filtering division.
Fujin was created in March last year to focus on providing technology and services to global mobile operators and forms Matrix’s third division after its distribution arm, the Partner Sales group, and its reseller arm, the Integration unit.
Ian Smith, chief executive of the Matrix Group, told CRN: “We won contracts with Vodafone UK and Vodafone global, and decided the smart thing to do would be to find a partner who could help us make the most of these deals. This lead to an expression of interest in acquiring Fujin.
“The announcement we have made has bought more commercial interest to it, and there is more than one party interested,” he said.
Sources close to the group said it had received several offers for the division, with one bid said to be worth more than £25m.
Any sale of the division would be a change in common strategy for Matrix which until now has been very acquisition hungry.
After a series of talks in March, Matrix finally cleared the way for it to acquire the three trading subsidiaries of VAR Harrier Group: Harrier Zeuros, Harrier Zeuros Storage Systems and Ikan for a total cash sum of £4.5m (CRN 14 March).
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