HP has announced that it has signed a definitive agreement to purchase Bitfone Corporation, 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. “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.”

The acquisition adds a strategic component to HP’s device management software portfolio that is designed to accelerate customers’ ability to manage their mobility infrastructure in a reliable, secure and cost-effective way. In addition, it provides HP with the software tools to help business customers reduce device support costs and smooth device deployments, migration and replacement.

Following completion, Bitfone will be integrated into the Handheld Business Unit of HP’s Personal Systems Group.