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Timing is right for synchronization

Content is king. That's the mantra repeated by many looking to make it big in the wireless Internet space these days. But for content to be valuable, it must be personal, and that is the driving force behind the growing interest in synchronization technologies...

Aether acquires e-commerce provider

OWINGS MILLS, Md.-Aether Systems Inc. is acquiring NetSearch L.L.C., a wireless e-commerce provider, for $25 million in cash at closing and up to an additional $654 million payable over 13 months if NetSearch meets certain revenue targets.Aether said it wanted to gain access to...

RIM stock plummets despite analysts’ praise

Concerns over the effectiveness of Research In Motion Ltd.'s distribution partners came to a head last week, as expectations of flat revenues in the face of increased spending forced the company's stock down 44 percent, despite positive earnings and new product and partnership announcements.The...

BUSINESS BRIEFS

Metrocall Inc. formed a strategic partnering agreement with WirelessMD Inc. to target the medical community. Specifically, the two hope to upgrade existing one-way paging accounts to two-way interactive paging services and products. Metrocall said it will use Wireless MD's proprietary interactive medical data retrieval...

Ad campaign launches Aether into prime time

Aether Systems Inc. launched a $15 million national television and print advertising and branding campaign last week in support of its growing wireless data systems and services business.The "Wireless Solutions for a Portable Planet" campaign that began with print ads earlier in the year...

Metrocall hands over 45 percent of company in several transactions

NEW YORK-In a series of transactions, paging carrier Metrocall Inc., Alexandria, Va., has turned over 45-percent control of the company to AT&T Wireless Services Inc., Aether Systems Inc., PSINet Inc. and Hicks, Muse, Tate & Furst Inc.For a collective investment of about $51 million...

MobileSpring is new mobile Internet incubator company

NEW YORK-New York City's Silicon Alley has spawned MobileSpring Inc., an incubator for developing companies that deploy Web-based services to mobile communications devices.Mark Caron, president and chief executive officer of MobileSpring, was a co-founder of Omnipoint Communications.i-Hatch Ventures, a New York City venture-capital firm...

BSWD offers messaging service on Blackberry devices

BellSouth Wireless Data L.P. introduced two new initiatives at its WAVE developers conference this week-a new branding effort for its two-way messaging service and a plan to become the premier wireless network provider for wireless application service providers.First, BSWD introduced MyBiz interactive, a new...

Riverbed’s ScoutWeb now available

DESERT SPRINGS, Calif.-Riverbed Technologies Inc., which has now merged with Aether Systems Inc., announced its ScoutWeb product is now commercially available.ScoutWeb is part of the company's ScoutWare product line of development and management tools and synchronization technologies designed to give Web access to corporate...

People

LightbridgeJoseph Tibbetts Jr. resigned from Lightbridge Inc. as the company's chief financial officer in order to pursue an opportunity in venture capital.U.S. Wireless DataCharles Leone accepted the posts of chief financial officer and chief operating officer for U.S. Wireless Data Inc. Leone will be...

Glenayre premieres two-way initiatives at trade show

NEW ORLEANS-Glenayre Technologies Inc. introduced a two-way wireless communications module called @ctiveLink for the Visor handheld computer from Handspring Inc., the first ReFLEX-based two-way wireless data solution for a Palm operating system device.The module is designed to snap into the Springboard expansion slot on...

Nextel announces alliances

RESTON, Va.-Nextel Communications Inc. announced alliances with Aether Systems, Amazon.com, eDispatch.com, Wireless Data Inc., IBM and MicroStrategy to offer wireless Internet applications unique for businesses through Nextel Online.Nextel Online will enable customers to securely access applications, services, and content provided by Nextel and third-party...

D.C. NOTES: The son also rises

I missed out on the conga line of carriers, vendors and Digerati who stole the show last week in New Orleans. It's a wireless data world after all. The Net is revolutionizing the wireless industry. It's revolutionizing everything, everywhere.Just last week, a Hong Kong...

D.C. NOTES: Wheeler and Aether

Aether Systems Inc., that wireless data wonder out of Owings Mills, Md., is on a roll. Baby, they're hot! The rage of Wall Street. Aether stock, offered at $16 last October, continued its meteoric rise last week into the $180s. They're cutting deals left...

Aether advances alliances

Aether Systems Inc. rose to the top of the news last week after it was identified as Metrocall Inc.'s mysterious third investor and joint venture partner-joining PSINet Inc. and Hicks, Muse, Tate & Furst-as well as for announcing a plan to acquire Riverbed Technologies...

Internet forces wireless to play catch-up

When you're moving at Internet-speed, a lot can happen in a year.Those targeting the wireless remote access market found this out quickly. About a year ago, several companies emerged with the intent to provide solutions that would extend corporate data to wireless handsets. At...

NEWS BRIEFS

Prime Companies Inc. said its wholly owned subsidiary, LMDS Communications Inc., accepted a $4 million financing package from a major financial institution for construction of its local multipoint distribution services infrastructure.Lucent Technologies Inc. introduced an Automated Paging System for on-site and wide area paging...

724 Solutions makes blockbuster IPO debut

NEW YORK-Toronto-based 724 Solutions Inc., which permits banks to offer their services over wireless devices, made a blockbuster debut on Nasdaq Jan. 28.Its 6-million share initial public offering sold at $26 early Friday, two days after the company raised the expected price range to...

Wheeler’s ties to Aether OK under contract

WASHINGTON-Cellular Telecommunications Industry Association President Thomas Wheeler has close financial and business ties to two top wireless data firms-an arrangement CTIA's top board members are comfortable with while others see it as a potential conflict of interest.Wheeler, according to documents filed with the Securities...

NEWS BRIEFS

Aether Systems Inc. said it will license Diversinet Corp.'s Passport software to enhance the security of wireless e-commerce applications. The agreement integrates Aether's wireless data enterprise solutions with Diversinet's ability to capture digital signatures. Aether said the agreement will allow it to use digital...

Aether expands operations center

OWNINGS MILLS, Md.-Aether Systems Inc. opened its expanded network operations center, which hosts the company's wireless stock trading, Internet and e-mail services, as well as other wireless data applications.The expanded NOC was made necessary primarily to handle the increased demand expected by OmniSky Inc.,...

Aether platform supports Java

OWINGS MILLS, Md.-Aether Systems Inc. released an upgraded version of the Aether Intelligent Messaging platform, version 2.0, with support for Java and Microsoft Component Object Model environments.AIM is a wireless messaging software and development platform designed to allow corporate enterprises and content providers to...

OmniSky unveils Palm V solution

LAS VEGAS-OmniSky Corp., formerly OpenSky Corp., introduced its first product last week at Comdex-a wireless Internet and e-mail service solution for Palm V users that integrates hardware, software and Internet access from several partner providers.OmniSky is the venture formed in June with funding from...

PageNet-Arch combo shrinks debt

Key to the merger agreement between Paging Network Inc. and Arch Communications Group Inc. is a massive debt reduction to be achieved through a proposed recapitalization plan that would convert their separate debt into equity of the new company.Arch common shareholders will receive one...