Carriers and content providers descended on Miami for the Mobile Music Conference last week, but at least one company was conspicuous by its absence. MusiKube, a New York-based mobile music marketing company, had reason to stay home: it is possibly being eyed by a...
PLYMOUTH MEETING, Pa.-Mobile virtual network operator and content provider SmartServ Online Inc. signed a letter of intent to acquire New York-based Telco Group Inc. and affiliates, which provide prepaid wireless telecommunications services, prepaid international long distance, nationwide dial-around long distance and nationwide dial-up high-speed...
LONDON-ScanSoft Inc., which provides speech and imaging solutions, announced three acquisitions totalling $63.2 million aimed at expanding the company's speech capabilities and resources.The company agreed to buy Phonetic Systems Ltd., ART Advanced Recognition Technologies Inc. and Rhetorical Systems Ltd. ScanSoft said the acquisitions are...
HACKENSACK, N.J.-GoAmerica Inc., a provider of telecommunications services for the hearing impaired, announced that it has retained investment banking firm Daniels & Associates to identify potential acquisition candidates."Daniels & Associates is widely recognized for its expertise in providing investment banking services to the telecommunications...
SCHAUMBURG, Ill.-Motorola Inc. said it signed an agreement to acquire MeshNetworks Inc. to extend its broadband wireless capability for next-generation content, including data, video, location and Voice over Internet Protocol services.The terms of the deal were not disclosed, but it is expected to take...
CHARLOTTESVILLE, Va.-First Avenue Networks said it signed an agreement to acquire all of Teligent Inc.'s assets and fixed broadband wireless operations.First Avenue, which intends to close the deal in the fourth quarter, said it will issue about 25.2 million common shares and warrants to...
OSLO, Norway-The Mobile Media Co. announced the acquisition of Cee.tv Format, a developer of interactive television shows and mass marketing applications.Mobile Media said it will use content from 4-year-old Cee.tv to increase its multimedia message service offerings to consumers to Europe, Asia and North...
The scramble to find allies continued in the mobile gaming arena with two new partnerships and an acquisition. Tiger Telematics, the U.S.-based producer of the Gizmondo mobile gaming console that launched in Europe last week, announced it will acquire British developer Warthog for $8...
LONDON-Revenue assurance company Azure Solutions said it has acquired Connexn Technologies. The combined companies will operate under the Azure name. Financial terms of the deal were not disclosed. All existing customer and partner agreements will be honored, and Azure said it will maintain Connexn's...
Former AT&T Wireless Services Inc. affiliate Triton PCS Holdings Inc. said it lost 19,211 subscribers during the third quarter of this year as the carrier was hit by an increase in customer churn that it associated with AWS' recently completed acquisition by Cingular Wireless...
MOUNTAIN VIEW, Calif.-InterWAVE said it is trying to fine-tune and boost its finances as it undergoes discussions to be acquired."While we have historically managed well with our limited cash balances, our ability to continue to grow has been hampered, and those limited cash balances...
TORONTO-Canadian telematics provider AirIQ has closed a private placement offering that raised $9.57 million, the company announced Thursday. AirIQ will use the capital to acquire the assets of Boatracs, L.L.C., a mobile maritime communications company, as well as for general corporate purposes. The agency...
SAN DIEGO-Qualcomm Inc. said it has introduced two products that will increase the capacity and reduce the cost of simultaneously delivering video, audio and other content to large numbers of users. The first product is the Platinum Multicast for CDMA 2000 1x EV-DO and...
MOUNTAIN VIEW, Calif.-Alvarion Ltd. said it will not pursue the acquisition of interWAVE Inc. because interWAVE has not been able to meet the conditions for closing the deal, adding it will not follow the terms set forth in the agreement.InterWAVE said it disagrees with...
First there is a date. If sparks fly, the romance eventually may graduate into a union. But in the wireless business, not all mergers and acquisitions result from long-standing engagements, evidenced by several recent such deals. "It's not always a necessary condition," said Ned...
MOUNTAIN VIEW, Calif.-Software developer Mobile Digital Media (MDM) acquired Cutting Edge Software and its Quickoffice suite of applications for handheld devices, the companies announced Tuesday.MDM bought the subsidiary of Mobility Electronics Inc., which operated the company's handheld software business and related technology assets for...
SAN JOSE, Calif.-Cisco Systems Inc. said it has acquired Dynamicsoft Inc., a developer of session initiation protocol-based solutions, for $55 million as well as working capital.SIP allows operators to deliver advanced Internet Protocol voice, data and multimedia services."Broadband service providers are rapidly transforming their...
SAN DIEGO-Qualcomm Inc. said it has acquired a display technology company known as Iridigm Display Corp. for $170 million in cash.The sum accounts for 86 percent of the company that Qualcomm did not already own. The wireless chipmaker said it had taken part in...
SAN DIEGO-Qualcomm Inc. said it has acquired a display technology company known as Iridigm Display Corp. for $170 million in cash.The sum accounts for 86 percent of the company that Qualcomm did not already own. The wireless chipmaker said it had taken part in...
SHANGHAI, China-Shanda Interactive Entertainment Ltd. agreed to buy the remaining interest it did not already own in Beijing Digital-Red Mobile Software Co. Ltd., a mobile games developer. Shanda first purchased a minority stake in Digital-Red in January. Digital-Red said it has developed more than...
Nokia Corp. today launched two new phones and acquired technology from a former Motorola Inc. subsidiary.Nokia announced the Nokia 9300 smart phone.The slim device opens to reveal a full keyboard and color screen. Features include one-touch access to personal information and office applications via...
PLANO, Texas-E-Mobile Information Technologies acquired mobile entertainment provider CHL Technologies, the companies announced.The acquisition was necessary for CHL to go public, according to a company spokesman. CHL, which will take E-Mobile's name, will work to expand in China and will more aggressively pursue other...
ATLANTA-PRE Solutions has purchased the assets of GTS Prepaid, strengthening PRE Solutions' position as a provider of prepaid transaction-processing solutions, the company said."Acquisitions such as this enable PRE Solutions to continue providing the most expansive product suite in the industry to an even broader...
DENVER-U.K. mobile entertainment company Monstermob Group acquired Denver-based content provider 9 Squared Inc., the companies announced Tuesday.Monstermob paid $2.95 million in cash for 9 Squared and will hand over as many as 22 million shares of Monstermob next year, depending on 9 Squared's fourth-quarter...
