Entertainment media giant IMG jumped onto the wireless video field with the acquisition Nunet AG, a Cologne, Germany-based mobile media company.Terms of the deal were not disclosed.Nunet powers 200 streaming wireless TV channels for more than 20 mobile network operators in Europe, Africa and...
SilverBirch Inc. is jumping into the mobile marketing arena with the acquisition of mobile marketing firm Jambo Mobile Solutions Inc. for an undisclosed sum. Both companies are based in Toronto.Jambo's proprietary Ignition technology powers mobile marketing services for customers including Adidas, Coca-Cola, Dell, Pfizer...
Motorola Inc.'s plan to drop $200 million on broadband home equipment provider Netopia Inc. has been cleared by United States antitrust authorities. Based in Emeryville, Calif., Netopia makes wired and Wi-Fi modems, routers and gateways. The company sells to individuals, businesses and carriers, and...
Redback Networks Inc.'s board gave L.M. Ericsson a green light to move forward with plans to buy the smaller equipment maker for about $2.1 billion, or $25 per share.Last week, Ericsson said it would pay approximately $1.9 billion for Calif.-based Redback, saying it planned...
Hewlett-Packard Co. announced it will purchase Bitfone Corp. in a move the company said is part of its plan to grow its mobile enterprise business. Financial details of the transaction were not disclosed.Bitfone develops mobile device management software, technology that allows carriers, handset vendors...
PHOENIX-Worldscout Corp. announced it purchased location-services company Alltigo Inc. for an undisclosed sum. Worldscout said the deal will bolster its efforts in location tracking.Alltigo's Personal Location Tracking Device combines GPS and GSM/GPRS technologies to locate, track and protect, people, vehicles and other mobile assets...
ASHBURN, Va.-WiMAX provider DigitalBridge Communications Corp. announced new financing, news that coincided with the company's acquisition of two regional providers of wireless cable and Internet services. The company said it raised more than $11 million in its first round of venture financing, along with...
SUNNYVALE, Calif.-Shares of @Road Inc. jumped after Trimble Navigation Ltd. said it will acquire its fellow California-based mobile resource management developer for nearly $500 million.Trimble, which targets businesses and government agencies with location-aware applications, said it was attracted to @Road's traction in the transportation,...
Qualcomm Inc. plans to profit from in-house Bluetooth intellectual property to drive down the cost, power consumption and footprint of chip-based functionality in mobile handsets and consumer electronic devices, the company said last week in the wake of its acquisition of much of RF...
STOCKHOLM, Sweden-A Stockholm court has acquitted L.M. Ericsson's employees of tax evasion charges filed last year by Sweden's National Economic Crimes Bureau.The employees were accused of stashing money in Swiss banks during 1998 and 1999 with the intent to avoid paying taxes on the...
BASKING RIDGE, N.J.-Verizon Wireless has agreed to acquire a small GSM carrier in West Virginia. The deal, which must receive regulatory approvals, is expected to close sometime in the first quarter of next year, according to Verizon Wireless spokeswoman Robin Nicol. Financial terms of...
MOUNTAIN VIEW, Calif.-VeriSign Inc. will spend $52 million to acquire technology consulting firm inCode Wireless. InCode has 14 offices in 10 countries and provides strategy consulting services to wireless and fixed-line operators as well as cable TV providers and telecom manufacturers. The company's investors...
LONDON-Wireless technology developer Mobestar Holdings plc will acquire Mobile Life Consulting Ltd. in an effort to expand its video dating services. The company said it will spend $664,000 to snap up Mobile Life, a fellow U.K.-based company that develops wireless applications. The firms have...
LONDON—Sony Ericsson Mobile Communications announced plans to purchase UIQ Technology AB, a subsidiary of Symbian Ltd. UIQ, based in Sweden, licenses its user interface and application development platform to mobile phone vendors worldwide, including Sony Ericsson. The two companies have worked together on UIQ...
WASHINGTON-U.S. law enforcement and homeland security officials gave their blessing to Japan-based NTT DoCoMo Inc.'s proposed $72 million purchase of Guam Cellular & Paging Inc. and Guam Wireless Telephone Co. L.L.C., after the parties agreed to certain conditions. While it pales in comparison to...
SINGAPORE—Wireless casino software developer Spiral Solutions Ltd. said it has acquired the Ki-Bi card content distribution business. Terms of the deal were not disclosed.Spiral subsidiary Spin3 took over Ki-Bi from Zone-IP Ltd. and will retain the Ki-Bi brand. Ki-Bi cards are sold in some...
DALLAS—Fixed wireless service provider Airband Communications dove into the southern California wireless market by scooping up RedWire’s high-speed Internet access and Voice over Internet Protocol business. Airband’s President and Chief Executive Officer Mark Spagnolo stated the company plans to enhance RedWire’s existing network with...
BOCA RATON, Fla.-Global Tower Partners may be the next tower company to get swallowed up as the industry's giants fight over who will be king of the mountain. Global Tower Partners is owned by Blackstone Group LP, and, according to media reports, the buyout...
SAN JOSE, Calif.-Covad Communications Group Inc. said it signed an agreement to acquire the assets of Chicago-based broadband wireless operator DataFlo Communications L.L.C. for $1.4 million. The cash transaction is expected to close this month.The deal expands Covad's broadband wireless coverage to six markets...
SAN JOSE, Calif.-Adobe Systems Inc. said it acquired vector graphics technology developed by Actimagine, a company that provides software solutions for video and interactive vector graphics. Terms of the deal were not disclosed.Adobe said the acquisition allows it to extend the reach of its...
SAN JOSE, Calif.—Covad Communications Group Inc. said it signed an agreement to acquire the assets of Chicago-based broadband wireless operator DataFlo Communications L.L.C. for $1.4 million. The cash transaction is expected to close this month.The deal expands Covad’s broadband wireless coverage to six markets...
BOCA RATON, Fla.—Global Tower Partners may be the next tower company to get swallowed up as the industry’s giants fight over who will be king of the mountain. Global Tower Partners is owned by Blackstone Group LP, and, according to media reports, the buyout...
SAN JOSE, Calif.—Adobe Systems Inc. said it acquired vector graphics technology developed by Actimagine, a company that provides software solutions for video and interactive vector graphics. Terms of the deal were not disclosed.Adobe said the acquisition allows it to extend the reach of its...
REDWOOD CITY, Calif.—Openwave Systems Inc. announced the acquisition of SoloMio Corp., a Texas-based provider of integrated subscriber call management services. Terms of the all-cash deal were not disclosed.Key to the deal is SoloMio's Smart Call platform, which supports both pre-IMS and IMS technology and...
