In 2004, the company started working with Fujitsu-Siemens on its handheld PCs Russian localization. The German office opened in 1998, the Swiss office in 2000. A separate mobile division, called the Mobility Division, was formed in 1995. The company was established in 1994 by a group of Moscow Institute of Physics and Technology (MIPT) students, including founder/CEO Konstantin Komarov. The company is headquartered in Freiburg im Breisgau, Germany, with offices in the US, China, Japan, Poland, and Russia. The Smart Handheld Device Division (SHDD) offers multilingual dictionaries, multilingual handwriting recognition, weather information, and 2-way data synchronization with desktop devices. Paragon Software Group is a Germany-based software company that develops hard drive management software, low-level file system drivers and storage technologies.

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