News: Press Releases

Funambol Launches Semi-Hostile Takeover Attempt of Apple

Brushing aside restraining order, company forging ahead to create world's first FunApple FunPad

REDWOOD CITY, Calif., March 31, 2010 -- Funambol, the leading provider of open source mobile cloud sync and push email for billions of devices, today announced it is making public its unsolicited effort to acquire controlling interest in Apple. The takeover is semi-hostile rather than outright hostile due to the major man-crush that Funambol CEO, Fabrizio Capobianco, has on Apple CEO, Steve Jobs. The man-crush is based on the continuing innovation, sales and fanatical popularity of Apple's products, not some obsessive infatuation with the Apple leader. In heavy trading, shares of Apple recently peaked to an all-time high, but experts are unclear on the impact of Funambol's initiative on Apple's stock. One wall street veteran trader was overheard, "We thought it [Apple's stock price] was the iPad and iPhone on Verizon, but maybe Funambol is behind this."

Speculation that Funambol was making an unwelcome advance towards Apple hit a fever pitch when Fabrizio Capobianco was seen in a sidewalk meeting with Steve Jobs and Eric Schmidt, Google CEO (pictured below).

           

Some industry insiders believe that the sidewalk cafe meeting was staged, but Fabrizio Capobianco insisted otherwise, saying, "The insinuation that this meeting was purely a brazen publicity stunt is pure fabrication. Just because I have the upmost respect for Steve Jobs and everything he has ever accomplished and been through personally, and just because I have every product Apple ever made, and just because some people call me the Steve Jobs of Italy, and just because I know where he lives, that's not stalking, is it?"

Asked why Funambol was so intent on acquiring Apple, Capobianco replied, "Apple has repeatedly ignored our numerous and constant requests, such as naming their products FunPod, FunPhone and FunPad. The restraining order was the last straw. We must control the brand to help Apple realize its full potential."

One industry analyst, commenting on the move and who insisted on remaining anonymous, said, "You've got to hand it to Funambol. This may not be the soundest business move, but who knows, if they succeed, what's next -- FunOogle, FunAcebook, FunOracle?"

For more information about Funambol and its aspirations, please visit http://www.funambol.com.

About Funambol

Funambol is the leading provider of mobile open source cloud sync and push email for billions of phones. Funambol open source software has been downloaded over three million times by 50,000 developers in 200 countries. The commercial version of Funambol has been deployed by the largest device manufacturers, mobile operators, portals, service providers and ISVs in the world, including AOL, 1&1, EarthLink and CA. Funambol is headquartered in Redwood City, California with R&D in Europe. For more information, please visit http://www.funambol.com. You can also follow Funambol on Twitter at http://twitter.com/funambol.

Media Contact

Kim Terca
Page One PR
+1-415-875-7492
kim@pageonepr.com

Funambol is a trademark of Funambol, Inc. Other company and product names may be the trademarks of their respective companies.