WATERLOO, Ontario—Research In Motion Ltd. announced today it purchased Ascendent Systems, which sells products that extend desk phone connectivity to wireless handsets in a campus environment. RIM said the purchase would complement its current enterprise offerings. Terms of the agreement were not disclosed.Ascendent, a...
LOD, Israel—Radio-frequency component maker Celldor Ltd. acquired Telrad Connegy, said the companies. The deal is strictly a financial investment for Celldor, said the companies, and there are no plans to combine the two businesses.Telrad Connegy provides business telecommunications solutions. Its AdvanceIP product supports TDM...
TOKYO—Japanese mobile browser company Access Co. Ltd. announced it plans to acquire IP Infusion Inc. in a deal valued at around $50 million. IP Infusion is based in San Jose, Calif., and supplies switching and routing products to the likes of Foundry Networks, L.M....
LONDON—Vodafone Group plc said it expects to file a $48 billion charge to its assets related to the value of goodwill, or the difference between an asset’s value and how much the company paid for it.Most of the goodwill charge is expected to be...
PLAINFIELD, Ind.—Handset distributor Brightpoint Holdings B.V. said it acquired all the outstanding shares of Persequor Ltd., which previously supplied management services to Brightpoint Asia Ltd. and Brightpoint India Pvt. Ltd. Terms of the deal were not disclosed.Brightpoint Holdings, Brightpoint Asia and Brightpoint India all...
LITTLE ROCK, Ark.—Alltel Corp. said it has agreed to buy cellular operator First Cellular of Southern Illinois, which covers a population of 485,000. First Cellular covers several major transportation conduits that connect St. Louis, Chicago, Indianapolis and Evansville, Ind., and Louisville, Ky.The terms of...
MINNEAPOLIS—ADC Telecommunications Inc. announced it acquired Israeli start-up G-Connect, a developer and manufacturer of systems that serve large and medium-sized Internet service providers. G-Connect’s IP service gateway system is used in high-speed Internet access networks and is specifically designed for managing IP traffic in...
FT. MYERS, Fla.-NeoMedia Technologies Inc. announced it purchased Munich-based mobile marketing company 12snap AG for $22 million in cash and shares. The announcement comes just days after NeoMedia announced it acquired visual search company Mobot for $10 million.NeoMedia said the acquisitions will help the...
REDWOOD CITY, Calif.—Video-game powerhouse Electronic Arts Inc. said it completed its acquisition of Jamdat Mobile Inc. The $680 million deal was announced in December.Mitch Lasky, formerly Jamdat’s chief executive officer, was named senior vice president of EA Mobile. Michael Marchetti, Jamdat’s chief financial officer,...
SHERMAN OAKS, Calif.—Waat Media, which provides adult-oriented mobile-phone programming, is dipping its toe into the mobile gaming space with the acquisition of mobile-game developer Charismatix Ltd. & Co.Germany-based Charismatix develops Java-based games and entertainment products.Ian Aaron, Waat’s newly appointed chief executive officer, noted Charismatix’s...
BARCELONA, Spain—Internet and mobile vendor VeriSign Inc. signed an agreement to acquire Vienna, Austria-based 3united Mobile Solutions AG, which is a privately held wireless applications service provider founded in 1999. 3united said its network connects with more than 50 wireless operators in Eastern Europe,...
BARCELONA, Spain-Software giant Microsoft Corp. announced it acquired Paris-based mobile search company MotionBridge. Terms of the deal were not disclosed. Founded in June 2000, MotionBridge powers mobile search services for operators including O2 plc, T-Mobile International, Orange SA and Sprint Nextel Corp. On Sprint...
Lucent Technologies Inc. said it agreed to purchase Ethernet developer Riverstone Networks' assets for $170 million in cash. Most of Riverstone's employees are expected to join Lucent as part of the company's Multimedia Network Solutions business."We are extremely pleased and energized to join forces...
FORT MYERS, Fla.-NeoMedia Technologies Inc. solidified plans to buy Mobot Inc. in a $10 million cash-and-stock transaction expected to close this month. The companies in August signed a nonbinding letter of intent detailing the merger plans and this week announced a merger agreement.NeoMedia's PaperClick...
HELSINKI, Finland-Valimo Wireless announced it acquired UniqMinds, a mobile messaging company. Terms of the deal were not disclosed. Valimo sells subscriber identity and authentication software to fixed and mobile carriers. The company said it would add messaging technologies to its offering."UniqMinds' PEAKm technology allows...
SANTA CLARA, Calif.-Lucent Technologies Inc. said it agreed to purchase Ethernet developer Riverstone Networks' assets for $170 million in cash.Most of Riverstone's employees are expected to join Lucent as part of the company's Multimedia Network Solutions business."We are extremely pleased and energized to join...
SCHAUMBURG, Ill.-Regional carrier and Sprint Nextel Corp. CDMA affiliate iPCS Inc. reported a net loss of $17.2 million, or $1.03 per share, although the operator's churn rate was down and it had solid net customer additions of nearly 19,000 subscribers for its first fiscal...
WASHINGTON, D.C.-Sprint Nextel Corp.'s $6.5 billion purchase of iDEN affiliate Nextel Partners Inc. has passed muster with U.S. antitrust authorities.The Federal Trade Commission issued a notice that it had ended its review of the transaction without taking action to stop it. Analysts had expected...
RESTON, Va.-Sprint Nextel Corp. said it completed the acquisition of CDMA affiliate Enterprise Communications Partnership. The move ends Enterprise's litigation against Sprint Nextel, which related to affiliate exclusivity agreements following Sprint Corp.'s acquisition of Nextel Communications Inc. Sprint Nextel announced in December it would...
DULUTH, Ga.-Systems integration company DataPath Inc. announced it acquired wireless broadband company Third Rail Americas Inc. Terms of the deal were not disclosed. DataPath said the acquisition would allow it to add a terrestrial wireless component to its satellite offerings."Organizations communicating in unpredictable environments...
BROOMFIELD, Colo.-Level 3 Communications Inc. said it will spend $137 million to acquire Progress Telecom L.L.C., a regional wholesale network services company. Level 3 said it intends to pay for the company with equal amounts of cash and stock. Progress operates 29 metropolitan networks...
NEW YORK-Though Verizon Communications Inc. executives say that they have received no official notice that Vodafone Group plc is ready to sell its 45-percent stake in Verizon Wireless, they made it clear during a conference call this week that they "would be interested in...
BANGALORE, India-SiRF Technology Holdings Inc. said it has acquired Impulsesoft, which specializes in Bluetooth stereo solutions and embedded software. Terms of the cash deal were not disclosed.Impulsesoft's products include an embedded Bluetooth protocol stack; a platform that enables music streaming from mobile phones to...
BROOMFIELD, Colo.-Level 3 Communications Inc. said it will spend $137 million to acquire Progress Telecom L.L.C., a regional wholesale network services company. Level 3 said it intends to pay $68.5 million in cash and $68.5 million in its own unregistered stock for Progress, which...
