Wireless appears to be busting at the seams. Carriers have been signing on record numbers of subscribers, handset makers have enjoyed double-digit growth and the industry's general malaise seems to be lifting. Thus, such successes make the numbers from research and consulting firm ARC...
Aether Systems Inc. reported another financial loss with a dip in revenue for the quarter ended June 30, underscoring the company's struggles.In its second-quarter results, the company said it incurred a net loss of $49.8 million, or $1.14 per share, compared with a loss...
OWINGS MILLS, Md.-Aether Systems Inc. said it has agreed to sell its transportation division to an affiliate of Platinum Equity for $24 million in cash.Stockholders and closing conditions will determine if the deal will be approved.The company said it is in discussion with potential...
OWINGS MILLS, Md.-Aether Systems Inc. said it has agreed to sell its transportation division to an affiliate of Platinum Equity for $24 million in cash.Stockholders and closing conditions will determine if the deal will be approved.The company said it is in discussion with potential...
Mobile asset tracking and wireless data company @Road Inc. announced it will acquire rival wireless enterprise vendor MDSI Mobile Data Solutions Inc. in a deal worth $86 million. The agreement is the latest in the rapidly consolidating wireless data market.@Road said the combined company's...
Acquisition mania seems to have hit the wireless data industry, as wireless enterprise player Sybase Inc. announced a massive $95.2 million acquisition of rival XcelleNet Inc. Separately, Sybase said its first-quarter revenues will come in below expectations due to several transactions that did not...
OWINGS MILLS, Md.-Aether Systems Inc. hinted at future major business moves with the appointment of strategic advisory company Friedman, Billings, Ramsey & Co. Inc. Aether said the firm would help advise the company on possible "acquisitions of new or complementary businesses, additional divestitures, investment...
WASHINGTON-Former Cellular Telecommunications & Internet Association President Thomas Wheeler's employment contract was altered to pave way for a $500,000 bonus he received from the $37 million sale of the trade group's billing subsidiary last year, a move that did not go before the full...
OWINGS MILLS, Md.-Aether Systems Inc. further hinted at future major business moves with the appointment of strategic advisory company Friedman, Billings, Ramsey & Co. Inc. Aether said the firm would help advise the company on possible "acquisitions of new or complementary businesses, additional divestitures,...
OWINGS MILLS, Md.-Aether Systems Inc. reported sluggish revenues and continuing net losses, which the company said was partly due to the recent sale of its wireless enterprise division. However, Aether hinted that additional sales or other major business moves may be on the horizon."In...
OWINGS MILLS, Md.-Aether Systems Inc. reported sluggish revenues and continuing net losses, which the company said was partly due to the recent sale of its wireless enterprise division. However, Aether hinted that additional sales or other major business moves may be on the horizon."In...
OWINGS MILLS, Md.-George Davis, president and vice chairman of Aether Systems Inc., said he will leave the company to "pursue new opportunities," a move that comes shortly after Aether's sale of its enterprise mobility division to TeleCommunication Systems Inc. Aether said it does not...
ANNAPOLIS, Md.-TeleCommunication Systems Inc. (TCS) announced it has completed its previously announced acquisition of the Enterprise Mobility Solutions (EMS) division of Aether Systems Inc., valued at $19 million. "TCS is now well positioned to offer wireless data and location-based solutions incorporating platform technologies for...
TeleCommunication Systems Inc. announced it bought the enterprise mobility division of Aether Systems Inc. for $19 million, a move TCS said will boost its data offerings and further serves to highlight the difficulties in the wireless enterprise market.The deal is a relative steal for...
TeleCommunication Systems Inc. announced it bought the enterprise mobility division of Aether Systems Inc. for $19 million, a move TCS said will boost its data offerings and further serves to highlight the difficulties in the wireless enterprise market.The deal is a relative steal for...
OWINGS MILLS, Md.-Wireless enterprise company Aether Systems Inc. reported declining revenues and losses, and said that although its earnings were lower than expected, the company's financial restructuring efforts continue to show positive signs. Interestingly, Aether said it will explore "strategic alternatives" to more quickly...
OWINGS MILLS, Md.-Aether Systems Inc. reported a relatively solid quarter of declining losses and a more positive outlook, although the company's revenues also continued to decline.Investors seemed heartened by the news, sending the company's stock up about 4 percent to about $5.27 per share.Wireless...
OWINGS MILLS, Md.-Aether Systems Inc. reported a relatively solid quarter of declining losses and a more positive outlook, although the company's revenues also continued to decline.Investors seemed heartened by the news, sending the company's stock up about 4 percent to about $5.27 per share.Wireless...
Beaten back by a lackluster economy and ambivalent wireless users, an assortment of veteran wireless data players has sought refuge in the company of network operators. By targeting wireless carriers, these companies are looking to find a stable customer base amid a cutthroat business...
OWINGS MILLS, Md.-Aether Systems Inc. will provide Hamilton County, Ohio, with wireless public-safety software and systems in a contract valued at $7.8 million.The project will encompass the Hamilton County Sheriff's Office, the City of Cincinnati and 42 other agencies in Hamilton County. As part...
OWINGS MILLS, Md.-Mobile data company Aether Systems Inc. reported a declining net loss and slightly increased revenues for the first quarter, but the news seemed to do little to bolster investor confidence.Aether scored revenues for the first quarter of $29.2 million, up from the...
OWINGS MILLS, Md.-Aether Systems Inc. announced Duplainville Transport, dedicated trucking company for Quad Graphics, is outfitting its entire fleet of 200 trucks with Aether's MobileMax for wireless fleet tracking and messaging."Duplainville Transport is entrusted by Quad Graphics to deliver thousands of time-sensitive periodicals and...
RESTON, Va.-Nextel Communications Inc. launched Aether Systems Inc.'s PocketBlue wireless data solution for public safety on Nextel's i95cl Java-enabled handsets and iM1100 modem.Aether said the PocketBlue solution enables law enforcement officers and other authorized personnel to query local, state and federal criminal information and...
OWINGS MILLS, Md.-Wireless enterprise company Aether Systems Inc. said it scored $29.5 million in revenues for its fourth quarter, up slightly from the $25.2 million it reported in the same quarter last year.The company's net loss for the quarter was $24.1 million, way down...
