PLANO, Texas-E-Mobile Technologies issued a letter of intent to acquire Canadian antenna chipmaker RFTune, the company announced Tuesday.
E-Mobile, a Texas-based provider of applications and content for smart phones, said it believes RFTune’s antenna chips can help increase coverage areas while diminishing signal fade and interference. The chips are patent pending in the United States and Canada.
Formerly known as CHL Technologies, E-Mobile has focused primarily on the Chinese wireless market, but hopes to expand to other areas.
E-Mobile stock, an over-the-counter pink sheets stock that began trading last month, was down 24 percent (18 cents) mid-day Tuesday.
