BALTIMORE-Security technology company SafeNet Inc. said it will acquire DMDsecure B.V., a Dutch digital rights management software developer, for $9.7 million in cash.SafeNet plans to combine its security offerings with DMD's content DRM server, according to SafeNet Chief Executive Officer Anthony Caputo, in an...
MOUNTAIN VIEW, Calif.-Bytemobile Inc. said it has acquired ProQuent Systems Corp. in a stock-for-stock exchange.The companies did not, however, disclose the value in dollar terms.ProQuent provides multiple-services switching platforms for intelligent tracking, analyzing, authorizing and enforcing solutions for operators.Bytemobile also said T-Mobile UK has...
WILMINGTON, Del.-Mobile gaming and gambling company Zone4Play Inc. announced it has acquired a minority stake in MixTV, an Israeli outfit that integrates short message services with TV broadcasts. MixTV plans to launch a fixed-odds gambling application with the U.K. Poker Channel in mid-April, and...
ALLENTOWN, Pa.-Agere Systems Inc. said it has acquired Modern-Art Ltd., a privately held maker of processor technology for UMTS devices.The purchase cost Agere $145.1 million in cash and stock."This acquisition is a milestone in an 18-month relationship from which we have already successfully launched...
Continued growth in the wireless industry is likely to come from untapped market segments that may not prove as financially rewarding as the saturated early-adopter segments, according to a new report from Compete Inc. and Bear, Stearns & Co. Inc. The report, "Characteristics of...
Wireless entertainment publisher InfoSpace Mobile officially rolled out its gaming division at 3GSM World Congress Monday. The announcement of Infospace Games was expected from the Bellevue, Wash.-based publisher, which recently acquired gaming companies Atlas Mobile, IOMO Ltd. and elkware GmbH. InfoSpace said the new...
ST. PETERSBURG, Fla.-Broadband service provider Progress Telecom said it has acquired Pure Connection, which provides fixed-wireless services in Orlando."This acquisition allows Progress Telecom to expand the edge of its core fiber network via wireless broadband services," said Ron Mudry, president and chief executive officer...
Few carriers have put as much strain on their technology personnel over the past several years as Cingular Wireless L.L.C. From its beginnings as the merged wireless operations of BellSouth Corp. and SBC Communications Inc. to the carrier's decision in 2001 to migrate its...
With a handful of operators yet to post fourth-quarter and full-year 2004 results, the wireless industry is well on its way to reporting one of the highest customer growth quarters-and years-in history. That potential was bolstered last week by three of the nation's fastest-growing...
HENDERSON, Nev.-Alpha Wireless Broadband Inc. said its Seamless Peer 2 Peer subsidiary has acquired the Phenom software program. The Phenom software provides secure communication over Wi-Fi networks, local area networks and wide area networks. Seamless allows AWBI's other subsidiary, Skyy-Fi Inc., to offer its...
Rural telecommunications provider Ntelos Inc. said it has commenced a self-tender offer to repurchase up to 76 percent of its existing equity in relation to a previously announced agreement to be acquired by a pair of venture-capital firms.The self-tender offer calls for Ntelos to...
LOS ANGELES-French mobile-game publisher In-Fusio continued to move into the U.S. market with the acquisition of Thumbworks, a Tustin, Calif.-based provider of entertainment content.Terms of the deal were not disclosed.Specializing in the "connected gaming" arena, In-Fusio has established footholds in Europe and China. The...
ORLAND PARK, Ill.-Andrew Corp. said it acquired privately held Xenicom Ltd. for $11.5 million. Xenicom is a U.K.-based provider of software solutions that help telecommunications operators plan, launch, and manage wireless networks. Andrew said it would pay an additional undisclosed amount of cash if...
OSLO, Norway-The Mobile Media Co., which provides entertainment services and mobile marketing applications, acquired gaming developer MindX. The acquisition gives Mobile Media access to MindX's interactive crossword puzzle and quiz games to integrate into its range of services. MindX's games are played via short...
ORLAND PARK, Ill.-Andrew Corp. said it acquired privately held Xenicom Ltd. for $11.5 million. Xenicom is a U.K.-based provider of software solutions that help telecommunications operators plan, launch, and manage wireless networks. Andrew said it would pay an additional undisclosed amount of cash if...
U.S. antitrust authorities approved Alamosa Holdings Inc.'s bid to acquire fellow Sprint Corp. wireless affiliate AirGate PCS Inc. A Federal Trade Commission notice said officials have dropped their investigation of the deal without taking action.Alamosa said in December it would acquire AirGate for $392...
AALBORG, Denmark-Mobile data services and content company End2End has acquired Danish mobile virtual network operator MIGway A/S, the companies announced Wednesday.Terms of the deal were not disclosed.MIGway owns and operates a short message service center that provides interactive messaging services to customers across Europe...
VIENNA, Austria-Telekom Austria said it acquired a call option to purchase Bulgarian wireless carrier Mobiltel AD. The option gives the Austrian carrier the right to purchase full control of Mobiltel for up to $2.1 billion in late 2005. "The terms of the transaction underline...
WASHINGTON-Acquisition news continues its frantic pace with InPhonic Inc. and SmartServ Online Inc. both announcing purchases. First, Internet phone retailer InPhonic said it bought privately held A1 Wireless USA Inc., which also sells mobile phones over the Internet, for $20.9 million in cash and...
SARASOTA, Fla.-In a move that drove up its shares 6 cents, Global Signal Inc. said it plans to sell 2.9 million common shares. The company intends to acquire 233 communication sites in 13 states, such as Alabama, Michigan and New Hampshire, with the proceeds.Morgan...
Acquisition news continues its frantic pace with InPhonic Inc. and SmartServ Online Inc. both announcing purchases.First, Internet phone retailer InPhonic said it bought privately held A1 Wireless USA Inc., which also sells mobile phones over the Internet, for $20.9 million in cash and stock....
BELLEVUE, Wash.-Wireless Internet company InfoSpace Inc. continued its acquisition spree with the purchase of German wireless gaming company Elkware GmbH for $26 million in cash. Infospace said Elkware managed $1 million in revenues in its previous quarter. "We are excited about expanding our presence...
VIENNA, Austria-Telekom Austria said Friday it acquired a call option to purchase Bulgarian wireless carrier Mobiltel AD. The call option gives the Austrian carrier the right to purchase full control of Mobiltel for up to $2.1 billion in late 2005. "The terms of the...
Wireless Internet company InfoSpace Inc. continued its acquisition spree with the purchase of German wireless gaming company Elkware GmbH for $26 million in cash. Infospace said Elkware managed $1 million in revenues in its previous quarter."We are excited about expanding our presence in the...
