MINNEAPOLIS—Seeking to strengthen its position in U.S. markets, Bosch GmbH, a German auto parts company, plunked down $420 million to buy Minneapolis-based audio, security, communications and wireless systems supplier Telex Communications Holding Inc. Telex reported revenue of $308 million in 2005, generated from equipment...
BETHESDA, Md.—Broadband wireless carrier MobilePro Corp. announced plans to acquire Clearwave Communications L.L.C., a competitive local exchange carrier that provides service in southern Illinois. The companies did not release terms of the agreement. The deal, which has not yet been completed, is subject to...
EXTON, Pa—Wireless infrastructure engineering services firm WPCS International Inc. announced it will spend $3.2 million to acquire Southeastern Communication Service Inc. of Sarasota, Fla. SECS has deployed and maintained wireless systems for Verizon Wireless, BellSouth Corp., Comcast Corp., Time-Warner and Puerto Rico Telephone. The...
RESTON, Va.-Sprint Nextel Corp. has been given the green light from federal regulators for its acquisition of Nextel Partners Inc., with the purchase expected to close June 26.The authorization from the Federal Communications Commission completes all the regulatory approvals needed to complete the transaction.Nextel...
NASHVILLE, Tenn.—Asurion Corp., which provides handset insurance and warranty management, said it has completed its acquisition of mobile software developer Lumitrend Corp. Terms of the deal were not disclosed.Lumitrend’s offerings include CellBackup, a service sold by more than 20 carriers worldwide that automatically protects...
LOS ANGELES—Publisher Konami Digital Entertainment Inc. said it will acquire mobile developer Blue Label Interactive Inc. in an effort to build and distribute cross-platform and other entertainment applications. Terms of the deal were not disclosed.Konami hopes to increase its presence on the mobile playground...
RESTON, Va.—Sprint Nextel Corp. has been given the green light from federal regulators for its acquisition of Nextel Partners Inc., with the purchase expected to close June 26. The authorization from the Federal Communications Commission completes all the regulatory approvals needed to complete the...
CONSHOSHOCKEN, Pa.-An independent U.S. proxy advisory firm has recommended that shareholders of Sprint Nextel Corp. CDMA affiliate UbiquiTel Inc. vote in favor of the company's proposed acquisition by Sprint Nextel. The recommendation was made by Institutional Shareholder Services Inc. UbiquiTel shareholders are scheduled to...
CONSHOSHOCKEN, Pa.—An independent U.S. proxy advisory firm has recommended that shareholders of Sprint Nextel Corp. CDMA affiliate UbiquiTel Inc. vote in favor of the company’s proposed acquisition by Sprint Nextel. Institutional Shareholder Services Inc. made the recommendation today. Shareholders are scheduled to vote on...
ISSY-LES-MOULINEAUX, France—Shares of Wavecom SA received a boost after the industrial wireless technology provider said it acquired privately held software developer NexGen Software SA for $505,000. NexGen’s internally-developed TCP/IP suite of protocol stacks, which facilitate communication between computers, and Web software were key to...
BEIJING—Chinese wireless Internet company Tom Online said it will spend $75 million to acquire Infomax, which offers mobile interactive applications and services. Infomax was founded in 2003 and markets its offerings through television networks and other entertainment platforms. Tom Online, which offers wireless messaging...
SANTA ANA, Calif.—Powerwave Technologies Inc., a wireless antenna firm, said it plans to acquire the majority of the network equipment division of London-based Filtronic plc for nearly 21 million shares of common stock and $150 million in cash. The deal depends on approval by...
TAOYUAN, Taiwan—High Tech Computer Corp. said it signed a memorandum of understanding to acquire Dopod Holding Corp. The transaction value will not surpass $150 million, said the companies. Dopod will become a subsidiary of HTC following the share acquisition.Dopod is a four-year-old mobile device...
In a move designed to give the wireline equipment leader a boost in its wireless sales, ADC Telecommunications Inc. said it would pay $2 billion in stock to acquire Andrew Corp. Indeed, a combined Andrew and ADC would reap almost half of its revenues...
SCHAUMBURG, Ill.-Motorola Inc. said it will shell out $192 million to acquire TTP Communications plc, a U.K.-based mobile software developer and chipmaker. TTPCom is a 575-employee holding company with substantial stakes in a handset certification business, and also sells software for GSM and GPRS...
SCHAUMBURG, Ill.—Motorola Inc. said it will shell out $192 million to acquire TTP Communications Plc, a U.K.-based mobile software developer and chipmaker. TTPCom is a 575-employee holding company with substantial stakes in a handset certification business, and also sells software for GSM and GPRS...
NEW DELHI, India—India’s Gemini Communications Ltd. acquired PointRed Technologies Inc. Terms of the deal were not disclosed.Santa Clara, Calif.-based PointRed provides pay-as-you-grow infrastructure for wireless broadband buildouts. The company was founded in 2000 and is backed by AsiaTech Management and Acer Technology Vendors.PointRed’s non-line-of-sight...
MINNEAPOLIS—Wireline connectivity equipment leader ADC Telecommunications Inc. announced it’s willing to pay $2 billion in stocks to acquire Andrew Corp., a move that would give ADC a major boost in the wireless gear arena.Indeed, a combined Andrew and ADC will reap almost half of...
OXNARD, Calif.—Wireless equipment and engineering services company CalAmp Corp. said it acquired TechnoCom Corp.’s Mobile Resource Management product line. CalAmp said the acquisition strengthens its position in the machine-to-machine communications business for enterprise asset tracking and fleet management applications. CalAmp said it will operate...
NEW YORK—Sonic Branding Solutions Inc., a mobile entertainment developer and publisher, said it acquired mobile software developer DeviceIQ Inc. Terms of the deal were not disclosed. The deal calls for all of DeviceIQ’s employees to transition to Sonic. In addition, Bob Pascazio, DeviceIQ’s founder...
BEIJING-Rumors are swirling that China Mobile Communications Corp., the world's largest wireless carrier, may be on the brink of acquiring Luxembourg-based Millicom International Cellular SA-or possibly, already has bought the company. Several newspapers reported last week that the two companies were close to a...
LOS ANGELES—In a move to bolster its North American mobile gaming position, Capcom Entertainment’s Mobile and Interactive Media division agreed to acquire mobile game developer and publisher Cosmic Infinity Inc. Financial terms of the agreement were not released.Cosmic Infinity develops games for WAP, Java...
BEIJING—Rumors are swirling that China Mobile Communications Corp., the world’s largest wireless carrier, may be on the brink of acquiring Luxembourg-based Millicom International Cellular SA—or possibly, already has bought the company. Several newspapers reported earlier this week that the two companies were close to...
CHICAGO—U.S. Cellular Corp.’s parent company, Telephone and Data Systems Inc., is reportedly delaying plans to buy the 18 percent stake in the wireless carrier that TDS does not currently own. Bloomberg News reported that Leroy Carlson Jr., president and chief executive office of TDS,...
