ANDOVER, Mass.—Mobile music company Groove Mobile announced it closed $8.5 million in new venture funding. Egan-Managed Capital led the round, while Charles River Ventures, Kodiak Venture Partners and Star Ventures …
2006
-
-
BEIJING—Motorola Inc. announced it opened another research and development center in China, this one in the Binjiang District of Hangzhou’s Hi-tech Industry Development Zone. The center will focus on developing …
-
The following list details this week’s infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the …
-
LONGMONT, Colo.—Intrado Inc. quietly trimmed jobs—including several high-level executive positions—to prepare for its upcoming integration with West Corp. Teleservices provider West Corp. announced in January that it would acquire the Colorado …
-
PARIS—Alcatel Inc. and Lucent Technologies Inc. confirmed they are in talks to create a “merger of equals,” a transaction that would result in a single telecom equipment company with a …
-
BELLEVUE, Wash.—T-Mobile USA Inc. has upped the ante in a pricing duel with Cingular Wireless L.L.C. by adding a $40 service plan with 1,500 minutes. The Get More 1500 plan …
-
SUNNYDALE, Calif.—Palm Inc. reported it sold more than a half-million Treos in its fiscal third-quarter, an increase of more than 100 percent from the same quarter last year. The company …
-
WESTCHESTER, Ill.—Comsearch said it has been selected as the official spectrum manager for the CTIA Wireless 2006 tradeshow next month in Las Vegas. As spectrum manager, Comsearch said it would …
-
LAS VEGAS—UTStarcom Inc. announced plans to commercialize Qualcomm Inc.’s mobile wireless network base station, which is designed to provide a portable, all-IP CDMA2000 800/1900 MHz network in remote or disaster-affected …
-
MUNICH, Germany—Siemens AG said its chief financial officer, Heinz-Joachim Nueburger, has resigned from his position for personal reasons and plans to step down in May, a year before his contract …
-
DULUTH, Ga.—Itaas Inc. and Embience Inc. announced they have partnered on a new interactive TV platform designed to allow users to download content associated with television programs to their mobile …
-
SAN JOSE, Calif.—Nvidia Corp. said it plans to acquire Hybrid Graphics Ltd., a Finnish company that provides embedded 2-D and 3-D graphics software for handheld devices. Under the definitive agreement, …
-
PARIS—Mobile GPS navigation solutions company Webraska said its revenues doubled during its 2005 fiscal year, driven by sales of the company’s SmartZone Geospatial Platform and its Navigation Platform. The company …
-
SAN JOSE, Calif.—PayPal quietly launched a service for customers to make purchases or send money to other users from a mobile phone. The world’s largest supplier of online payment services …
-
WAYNESBORO, Va.—Regional telecommunications operator Ntelos Holdings Corp. reported strong growth in the fourth quarter and full-year 2005, generating wireless operating revenues of $73 million during the final three months of …
-
GOLDEN, Colo.—Verizon Wireless’ full-page advertisement in The Denver Post’s March 22 edition, prominently displayed on page 5 of the newspaper’s front section, trumpets: “IT’S THE NETWORK” and “#1 in Customer …
-
SAN MATEO, Calif.—Sling Media Inc. launched a software package allowing wireless subscribers to view TV broadcasts on Windows Mobile devices. The developer announced a beta version of the much-awaited offering, …
-
JOHANNESBURG, South Africa—MTN Group, which provides cellular service in 14 African countries, said it expects to launch service in Iran by the third quarter. MTN last year bought a 49 …
-
SEOUL, South Korea—LG Electronics Co. Ltd. said it plans to bring its Chocolate phone to the United States sometime this year. The company said the move is part of its …
-
SAN FRANCISCO—MobileLime and mFoundry are the latest companies to announce financing rounds this week. Mobile application publisher mFoundry said it completed a $7.3 million Series B round of private equity …
-
AUSTIN, Texas—KGI Wireless Inc. said it snagged a multi-year deal to manage Alltel Corp.’s 3,000 wireless tower sites. The agreement represents the first time a domestic wireless carrier has selected …
-
SANTA CLARA, Calif.—Lucent Technologies Inc. outbid L.M. Ericsson in the auction of Ethernet developer Riverstone Networks Inc.’s business. Riverstone said Lucent’s final bid was $207 million in cash along with …
-
LAS VEGAS—Cingular Wireless L.L.C. plans to shut off both its TDMA and analog networks by 2008, chief executive officer Stan Sigman told attendees during a keynote address earlier this week …
-
BURNABY, Canada—Fortuna Gaming Corp., a Canadian-based company focused on online and mobile gambling, sees mobile gambling as a big part of its future and eventually wants to launch a mobile …
-
SHANGHAI, China—Qualcomm Inc. and Chinese firm China TechFaith Wireless Communication Technology Ltd. announced today the two companies would form a new venture, TechFaith Software China Ltd., to develop software applications …