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HE WHO HOLDS THE SPECTRUM ATTRACTS INVESTORS, BUYERS

NEW YORK-For strategic and financial investors, many domestic wireless carriers possess a strong desirability quotient because they own scarce spectrum in a huge and growing market.Lehman Brothers Inc. projects that wireless penetration in the United States will reach 50 percent by 2002 and 70...

RIVERBED, AETHER TO CROSS-LICENSE TECHNOLOGIES

SANTA CLARA, Calif.-Riverbed Technologies said it formed a strategic relationship with Aether Systems Inc. under which the two will cross-license their technologies to develop new wireless solutions for the mobile computing market.Riverbed said it will incorporate the Aether Intelligent Messaging middleware in its ScoutWare...

OPENSKY ADDS DEVELOPMENT PARTNERS

Since Aether Systems Inc. and 3Com Corp. formed OpenSky Inc. in June, the joint venture has generated considerable interest and support from industry players.At last week's PalmSource '99 conference in Santa Clara, Calif., the company added several new key development partners in the areas...

AETHER IPO PRICED HIGHER THAN EXPECTED

NEW YORK-Aether Systems Inc., a middleware provider based in Owings Mills, Md., sold an initial public offering Oct. 20 of 6 million shares, a 23-percent equity stake, priced at $16 each, $1 above its expected maximum range.The following day, Aether's stock nearly tripled, closing...

ERICSSON CREATES PROGRAM TO SPEED WIRELESS INTERNET USE

NEW YORK-Ericsson Inc.'s CyberLab NY introduced a program designed to speed growth of the wireless Internet industry by providing market and technical information, development and testing tools and on-site expertise and seminars to help developers build new wireless Internet applications and services.The Developers Network...

MIDDLEWARE PROVIDER AETHER HOPES TO LINK IPO TO $103.5M

Wireless middleware and software provider Aether Systems Inc. filed an initial public offering prospectus with the U.S. Securities and Exchange Commission last week with the intention of selling 6.9 million shares at $15 a share by next year.The offering will consist of 6 million...

WIRELESS PORTALS: THE HIDDEN ENEMY?

Portals have a hidden agenda to capture the wireless e-commerce market.Carriers had better beware.Greek mythology chronicles the fall of the once-prosperous city of Troy, misled by the promise of a gift in the form of a Trojan horse. Looking back, it seems hard to...

WIRELESS KNOWLEDGE BEHIND IN SERVICE INTRODUCTION

When Wireless Knowledge L.L.C. announced its intention to create a service linking wireless devices to information based behind corporate firewalls, regardless of airlink standards, analysts had only one comment-"show me."But it seems the company is unable to meet that request just yet. In January,...

AETHER TO OFFER SCHWAB SERVICE

OWINGS MILLS, Md.-Aether Systems Inc. said Charles Schwab & Co. Inc. selected it to help develop a wireless trading service for Schwab customers.The planned service is expected to enable customers to access their accounts and conduct transactions from wireless devices.The solution will be based...

AETHER TO BUY MOBEO

Aether Systems Inc. announced it will acquire mobeo Inc., a company that provides financial news and stock updates on wireless devices such as pagers.Formerly called DocuPro Inc., mobeo delivers quotes on more than 150,000 stocks, options, futures, treasury, foreign exchange and other market data...

SCHWAB TO OFFER WIRELESS TRADING

SAN FRANCISCO-Charles Schwab Corp., San Francisco, plans to offer customers who trade securities more than 48 times each year access to this service over their pagers, mobile phones or handheld computers by Dec. 31.Schwab has 2.8 million active online accounts with $251 billion in...

DISCOVER BROKERAGE’S TRADERUNNER OFFERS INVESTING FROM PDAS

SAN FRANCISCO-Discover Brokerage introduced a wireless investing service called TradeRunner, which uses 3Com Corp.'s Palm III and Palm IIIx personal digital assistants.The service allows customers to control their investment portfolio from the devices, including the purchases and sales of equities, mutual funds and options;...

AETHER CONNECTS WITH ERICSSON ON WIRELESS DATA

OWNINGS MILLS, Md.-Aether Technologies Inc. announced it will join L.M. Ericsson's new Wireless Internet Solutions unit to co-market and develop wireless data services specifically targeting the online financial investment community.Under the agreement, Ericsson will deliver wireless data network solutions for a variety of platforms,...

AETHER TO LICENSE MESSAGING SOFTWARE

OWINGS MILLS, Md.-Aether Technologies said it will begin direct licensing of its Aether Intelligent Messaging software development and transport environment as part of an initiative to help drive the growth of enterprise wireless data access.Several corporations use AIM by outsourcing their wireless data networks...

3COM, AETHER FORM OPENSKY

SANTA CLARA, Calif.-3Com Corp. and Aether Technologies Inc. have formed a new company called OpenSky, created to extend corporate intranet and Internet-based information to wireless devices using the Palm Computing platform, Windows CE or the Wireless Application Protocol, as well as pagers.The new company...

AETHER OPENS WIRELESS DATA CENTER

CORONADO, Calif.-At the Demo Mobile show last week, Aether Technologies Inc. announced the formal opening of its Enterprise Data Wireless Center in Maryland, designed to extend wireless access capabilities to enterprise information management systems.Initial customers include AT&T Wireless Services Inc., Bear Stearns & Co.,...

WDF GET SIX NEW MEMBERS

WASHINGTON, D.C.-The Wireless Data Forum announced six new members joined the organization. Aether Technologies International L.L.C., Global Wireless Data L.L.C., ICE Wireless Group L.L.C., TeleCommunications Systems Inc., NotiCom L.L.C. and TeleResources Pty. Ltd. are the new members.

CARRIERS STILL SEARCHING FOR ENHANCED-SERVICES POT OF GOLD

If the promise of enhanced wireless services was a hot-fudge sundae with lots of toppings, about the only thing wireless customers have been served so far is vanilla ice cream sprinkled with nuts.That according to Larry Swasey, senior wireless analyst at Allied Business Intelligence,...

WIRELESS TRADING FIRMS TARGET INVESTORS

NEW YORK-Wireless online financial information services are a hot item, judging from the flurry of recent announcements about new offerings in this category.w-Trade Technologies, New York, said AT&T Wireless Services Inc.'s PocketNet Service will offer its new w-Trade Internet securities trading platform.In its announcement,...

BUSINESS BRIEFS

Chesapeake Wireless Technologies Inc. relocated its headquarters to a new facility in Baltimore in order to accommodate the expansion of its service division, which provides basic cable assemblies used in cell site and mobile telephone switching office applications.The company said it expects the new...

CS-CDPD MAY SOLVE WIRELESS DATA USER PROBLEM WITH COVERAGE

SAN DIEGO-An innovation in wireless data was announced last week that could answer CDPD's main problem: coverage.GTE Mobilnet Inc., Hughes Network Systems Inc. and Pacific Communications Sciences Inc. introduced Circuit Switched-Cellular Digital Packet Data, which will allow data users to access CDPD functionality across an...

BUSINESS BRIEFS

Aether Technologies L.L.C. announced it will use a Cellular Digital Packet Data network supplied by GTE Corp. to provide information and integration services to the financial and transportation industries. Owings Mills, Md.-based Aether provides turnkey solutions for accessing mission-critical data via handheld wireless devices...