BIS Strategic Decitions was sold to Giga Information Group, and investment group led by Gideon Gartner. BIS provides data, information and knowledge to enterprises in the computer, office and teleommunications industries and more than $25 million. Hiha acquired the company from Friday Holdings Ltd. for an undisclosed amount. Hiha will provide continuous advisory and information services for suers and vendors in the information technology business.
GTE Corp. completed its previously announced acquisition of the approximately 10 million shares of Contel Cellular Inc.’s Class A common stock it didn’t already own. GTE paid Contel shareholders a previously agreed upon price of $25.50 per share for a total acquisition cost of $225 million. GTE acquired the other 90 percent of the outstanding shares of Contel from its 1991 merger with CCI’s parent company, Contel Corp.
OneComm Corp. completed its previously announced acquisition of the 800 MHz specialized mobile radio businesses from Advanced MobileComm Inc. and its partner, Radio Communications Co. The properties acquired are located in the Minneapolis/St. Paul metropolitan area and western Wisconsin, including Eau Claire and Madison. In connection with the transaction, OneComm issued 452,500 shares of its unregistered common stock.
PriCellular Corp. has entered into a contract to acquire the A-side cellular system in Alabama rural service area 4. The system abuts the Birmingham metropolitan statistical area, covers 50 miles of Interstate 65 and has a population base of about 140,000, the company said. PriCellular currently owns more than 200,000 pops in Alabama centered around the Florence, Ala., MSA. The purchase price is $20 million, including a $10 million, 4-percent, 5-year note convertible into PriCellular stock.
InterDigital Technology Corp. entered into a royalty-bearing license agreement with NEC Corp. covering Time Division Multiple Access technology. Under the agreement, NEC will pay a $20 million royalty advance and possible additional royalties for NEC equipment built to TDMA-based standards of Interim Standard 54, IS-136, Global System for Mobile communications, DCS-1800, Personal Digital Cellular and the Personal Handyphone System, InterDigital said.
Rockwell Telecommunications will develop and manufacture a frequency-hopping, digital spread spectrum transmitter chipset for Nexus Telecommunications Systems Ltd. to incorporate in its two-way messaging location system. Nexus agreed to buy up to 3 million chipsets from Newbury Park, Calif.-based Rockwell and will distribute them exclusively to its licensees.
Spectrian, a supplier of ultra linear, high power RF amplification systems, received a multimillion dollar award to supply Northern Telecom Ltd. with power amplifiers for personal communications services. Northern Telecom plans to integrate Spectrian’s linear RF amplifiers into its base station equipment. The two companies will build advanced DCS 1800 and PCS 1900 radio systems based on the Global System for Mobile communications standard.
