"Verizon's enterprise customers have basically stopped buying connectivity devices," Dede said. "Smith Micro needs to adjust its cost structure based on new revenue levels until sales of other software starts to catch on." Some of its other software does over-the-air updates and helps mobile devices to connect to a carrier's network. Dell, HP The company also does what's called connection management software for computer makers such as Dell Inc. in Texas and Palo Alto-based Hewlett-Packard Co. Smith Micro has acquired numerous companies in the past decade and will aim to consolidate or close some of them as part of the restructuring plan. It has already renegotiated a lease for a 55,600-square-foot operation in Pittsburgh, according to Dede. The company has a 52,700-square-foot headquarters in Aliso Viejo with leases that expire in 2016 and 2022, according to SEC filings.