SCOTTSDALE, Ariz.--Sage Software acquired Corum Mobile, a division of Corum Corp., to solidify Sage's offering of Corum's mobile customer record management services, Sage announced. Corum is privately held and based in Concord, Ontario. Terms of the deal were not disclosed.The Corum mobile platform provides...
SCOTTSDALE, Ariz.—Sage Software acquired Corum Mobile, a division of Corum Corp., to solidify Sage’s offering of Corum’s mobile customer record management services, Sage announced. Corum is privately held and based in Concord, Ontario. Terms of the deal were not disclosed.The Corum mobile platform provides...
MURRAY HILL, N.J.—Lucent Technologies Inc. announced it agreed to acquire Mobilitec, a privately-held provider of content management software for wireless service providers. Lucent said Mobilitec’s solutions will strengthen its voice, video, data and multimedia applications platforms, thus enabling more service offerings for mobile and...
FORT MYERS, Fla.—NeoMedia Technologies Inc. hit a speed bump in its aggressive bid to become a player in the worldwide mobile-marketing space. The company said its $4.5 million deal to acquire Connecticut-based HipCricket Inc. fell through after the two companies were "at an impasse...
FORT WORTH, Texas-Teletouch Communications Inc. said it has acquired Progressive Concepts Inc., a Cingular Wireless L.L.C. master distributor, reseller and mobile virtual network operator in Texas and Arkansas. PCI primarily operates under the Hawk Electronics brand name.All of PCI's outstanding securities were contributed to...
FORT WORTH, Texas—Teletouch Communications Inc. said it has acquired Progressive Concepts Inc., a Cingular Wireless L.L.S. master distributor, reseller and mobile virtual network operator in Texas and Arkansas. PCI primarily operates under the Hawk Electronics brand name.All of PCI’s outstanding securities were contributed to...
LONDON-Shares of content aggregator MonsterMob Group plc received a much-needed boost after the company acknowledged it may be a target for acquisition. MonsterMob, which operates ringtone storefronts in the United States, Europe and Asia, said it had "received an indicative approach that may or...
DURHAM, N.C.—Motricity Inc. continued to fatten its wallet this week, snaring $32 million as part of "a larger funding round" that will gradually be disclosed over the next few weeks. The latest round was led by Advanced Equities Inc. and joined by other existing...
SANTA CLARA, Calif.—Wireless chipmaker Atheros Communications Inc. announced it has completed its acquisition of Taiwan-based ZyDAS Technology Corp., a developer of wireless local area network chips. Atheros said the move "significantly" enhances its engineering team. The company plans to turn ZyDAS’ former headquarters in...
SAN DIEGO—Wireless Facilities Inc., which designs and manages wireless networks, announced it entered a definitive agreement to acquire Madison Research Corp. WFI said the acquisition would advance its customer footprint within the U.S. Department of Defense, including with the U.S. Army and Air Force...
LONDON—Shares of content aggregator MonsterMob Group plc received a much-needed boost after the company acknowledged it may be a target for acquisition. MonsterMob, which operates ringtone storefronts in the United States, Europe and Asia, said it had "received an indicative approach that may or...
BERN, Switzerland—Swisscom Mobile subsidiary Sicap, which provides mobile applications and network products for GSM operators, said it acquired Swapcom in a deal Sicap said strengthens its position in the mobile device management, SMS/MMS Hub management and content management spaces. Swapcom, which has headquarters in...
SCHAUMBURG, Ill.—Motorola Inc. announced it’s adding video-on-demand technology developer Broadbus Technologies Inc. to its portfolio, extending its line of "Seamless Video Anywhere" solutions. Motorola explained that Broadbus Technologies’ suite of solutions enables the distribution of on-demand content to consumers through multiple devices, and its...
Consolidation in the mobile content space remains white-hot, with Motricity Inc. the most recent player to tap the booming off-deck market with the acquisition of GoldPocket Wireless Inc. Terms of the deal were not disclosed.Motricity has gained substantial traction with its Fuel software, which...
STOCKHOLM, Sweden—Shares of L.M. Ericsson dipped after the infrastructure provider posted a slight decline in second-quarter net profit due to its recent acquisition of Marconi Corp. Ericsson said its profit fell 2 percent to $778 million as revenue rose 15 percent to $6 billion...
STOCKHOLM, Sweden—Shares of L.M. Ericsson dipped after the infrastructure provider posted a slight decline in second-quarter net profit due to its recent acquisition of Marconi Corp. Ericsson said its profit fell 2 percent to $778 million as revenue rose 15 percent to $6 billion...
SANTA MONICA, Calif.—Boingo Wireless Inc. said it completed its acquisition of Concourse Communications Group L.L.C., which operates airport wireless access systems. The acquisition combines Concourse’s operations with Boingo’s Wi-Fi network aggregation and wireless Internet access services. Boingo said it will retain most of Concourse’s...
LONDON—Market research firm Ovum plc said it will pay $1.2 million to acquire Boston-based counterpart Summit Strategies Inc. Ovum, which staged an initial public offering in March, offers research and analysis to customers including Alcatel Corp., Cisco Systems Inc., Deutsche Telekom AG and Vodafone...
VICTORIA, British Columbia—Canadian wireless vendor VCom Inc. said it struck a $1 million cash deal to purchase several subsidiaries of Wave Wireless Corp., including WaveRider Communications (Canada) Inc., WaveRider Communications (USA) Inc., Jetstream Internet Services Inc. and Avendo Wireless Inc. VCom said it expects...
GLENVIEW, Ill.—BSG Clearing Solutions North America L.L.C. acquired VoiceLog L.L.C.’s third-party verification business. The $15.6 million transaction closed June 30. VoiceLog’s TPV business involves gaining automated or live confirmation that businesses or individual customers switched telecom providers, which is required or authorized by the...
MINNEAPOLIS—Seeking to strengthen its position in U.S. markets, Bosch GmbH, a German auto parts company, plunked down $420 million to buy Minneapolis-based audio, security, communications and wireless systems supplier Telex Communications Holding Inc. Telex reported revenue of $308 million in 2005, generated from equipment...
BETHESDA, Md.—Broadband wireless carrier MobilePro Corp. announced plans to acquire Clearwave Communications L.L.C., a competitive local exchange carrier that provides service in southern Illinois. The companies did not release terms of the agreement. The deal, which has not yet been completed, is subject to...
RESTON, Va.-Sprint Nextel Corp. has been given the green light from federal regulators for its acquisition of Nextel Partners Inc., with the purchase expected to close June 26.The authorization from the Federal Communications Commission completes all the regulatory approvals needed to complete the transaction.Nextel...
EXTON, Pa—Wireless infrastructure engineering services firm WPCS International Inc. announced it will spend $3.2 million to acquire Southeastern Communication Service Inc. of Sarasota, Fla. SECS has deployed and maintained wireless systems for Verizon Wireless, BellSouth Corp., Comcast Corp., Time-Warner and Puerto Rico Telephone. The...
