March 9 (Reuters) - Birdstep Technology ASA  BIRD.OL : 
    * Sells its wholly owned subsidiary Birdstep Technology AB 
to Smith Micro Software, inc. for $2.0 million 
    * Teki Solutions to be appointed Bird's qualified partner 
in cooperation with Smith Micro 
    * 2016 Bird and Teki Solutions shall share profits from 
cooperation with Smith Micro on a 50/50 profit split basis 
    * Definitive distribution and partner agreements are to be 
negotiated, and are expected to be entered into prior to EGM.  
    * Bird shall get certain rights to distribute and utilise 
Smith Micro's products in Nordic markets in cooperation with 
partner 
    * Enters into a letter of intent with Middelborg to pursue 
possibility of merger between Bird and subsidiary of Middelborg 
to be established  
    * Intends to conclude a merger agreement during Q2  
 
Source text for Eikon:  ID:nObid3mCka  
     
Further company coverage:  BIRD.OL  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))