PHILADELPHIA-@Road Inc. won't buy MDSI Mobile Data Solutions Inc. after all.The cancellation of the proposed acquisition, valued at about $86 million when it was announced in April, was made public by the two companies late Tuesday. However, the two companies have agreed to develop,...
HOLTSVILLE, N.Y.-Symbol Technologies Inc. will acquire Matrics Inc., which designs and manufactures electronic product code (EPC)-compliant radio frequency identification (RFID) systems, for $230 million."The acquisition of Matrics is a significant step in executing our plan to be a leader in RFID and expands our...
WASHINGTON-The Federal Communications Commission modified several of its spectrum rules hoping that wireless services can be made more readily available, but its decision to eliminate rural cellular cross-ownership rules was criticized by the panel's two Democrats.The FCC voted 3-2 to eliminate cellular cross-ownership rules...
CHARLOTTESVILLE, Va.-First Avenue Networks announced it plans to acquire wireless broadband service provider Teligent Inc., including its 24 GHz spectrum licenses, fixed wireless broadband operations and radio assets in a stock transaction worth $99 million.Following the transaction, First Avenue will hold more than 700...
BEAVERTON, Ore.-Tektronix Inc. said it will acquire Inet Technologies Inc. for $325 million in cash and stock, enhancing its position in mobile data.Richardson, Texas-based Inet, which will become part of Tektronix' communication and video business, has about 500 employees and reported 2003 sales of...
LAS VEGAS-Left Right Marketing Technology Inc. said it expects to close its acquisition of NeoLink Wireless Content Inc. by July 31. NeoLink Wireless offers the MobiTV wireless broadcast platform that is offered by Sprint PCS.Upon completion of the acquisition, Left Right Marketing Technology plans...
SARASOTA, Fla.-Global Signal Inc. announced it has completed the acquisition of Tower Ventures III L.L.C. for $52 million in cash, plus fees and expenses. The 97 wireless communications towers are concentrated in Tennessee, Mississippi, Missouri and Arkansas. In all, Global Signal has acquired 214...
ROCKVILLE, Md.-Telenor Venture, the venture capital arm of Telenor Group, has acquired Telenor Mobile Interactive USA, a mobile applications and messaging service company.The company will now be called Telenor Interactive.
HOLTSVILLE, N.Y.-Symbol Technologies Inc. will acquire Colorado Springs, Colo.-based Trio Security Inc., which designs and develops next-generation security solutions for enterprise networks and mobile applications for handheld devices. With the acquisition, Symbol will procure Trio's three-factor authentication system, biometric verification and advanced encryption technologies,...
SHANGHAI, China-Chinese software vendor Discovery Telecommunications Ltd. announced it acquired two wireless data subsidiaries of Intrinsic Technology Holdings Ltd., a Chinese company that works to develop Chinese wireless content and applications. Terms of the deal were not disclosed.Under the agreement, DT said it will...
Regional wireless provider Dobson Communications Corp. said it is closing its Fairbanks, Alaska, call center, which currently serves the carrier's Cellular One customers in Fairbanks and Juneau, and transferring operations to its Duluth, Minn., call center. The Duluth center currently handles Dobson's customers in...
IRVINE, Calif.-Broadcom Corp. said it has signed an agreement to acquire Zyray Wireless Inc. Zyray makes a semiconductor product called Spinnerchip for the baseband of third-generation mobile phones."Pairing the Spinnerchip technology with Broadcom's single-chip EDGE/GPRS/GSM and GPRS/GSM baseband processors enables two-chip W-CDMA multi-mode phones...
FALLS CHURCH, Va.-General Dynamics will acquire TriPoint Global Communications Inc., a Newton, N.C.-based privately held provider of satellite and wireless communication equipment and integration services for video, voice and data applications. TriPoint will become part of the General Dynamics' C4 systems business unit, an...
SAN JOSE, Calif.-WJ Communications Inc. said it will acquire the wireless infrastructure business and associated assets of EiC Corp.WJ Communications designs and supplies radio-frequency semiconductors and multichip modules, while EiC designs, develops, makes and sells proprietary radio-integrated circuits."Through this acquisition, we expect to achieve...
CLEVELAND-AG Interactive, the wireless subsidiary of greeting card company American Greetings Corp., announced it acquired European wireless content company K-Mobile in an effort to expand into the European arena. Terms of the deal were not disclosed."Our acquisition of K-Mobile and their powerful Kiwee brand...
STOCKHOLM, Sweden-Repeater manufacturer Avitec S.E. has acquired the technology assets of Littlefeet Inc., the provider of distributed coverage solutions for wireless carriers that went defunct in March.Littlefeet "synergizes very well" with Avitec's existing solutions, said Brian Sagi, chief executive officer of Cerian Technology Ventures...
LUND, Sweden-Scalado AB announced it acquired the imaging technology MPES from TAT AB. Terms of the deal were not disclosed.Scalado said the technology will allow it to offer a superior imaging application platform to wireless handset makers that will cut their hardware costs and...
STOCKHOLM, Sweden-Repeater manufacturer Avitec S.E. has acquired the technology assets of Littlefeet Inc., the provider of distributed coverage solutions for wireless carriers that went defunct in March.Littlefeet "synergizes very well" with Avitec's existing solutions, said Brian Sagi, chief executive officer of Cerian Technology Ventures...
OTTAWA-EMS Technologies Inc. said it has acquired a suite of fleet tracking software from GEOCOMtms Inc. that allows for seamless access to different wireless data networks in the same application.The value of the deal was not disclosed.The solution, combined with EMS' PDT-100 satellite communication...
NAPERVILLE, Ill.-Tellabs Inc. said it will acquire broadband access company AFC for $1.9 billion in cash and stock.The deal was approved by both companies' board of directors, according to Tellabs.Under the terms of the deal, Tellabs stockholders will own approximately 75 percent of the...
Long-distance carrier Elephant Talk Communications Inc. announced it purchased Chinese wireless messaging company General System Technology Ltd., known as WestSMS. Terms of the deal were not disclosed."SMS is the most exciting and cost-effective direct marketing and advertising method available to business. It can be...
FALLS CHURCH, Va.-Broadband wireless solution provider YDI Wireless Inc. has acquired KarlNet Inc., which develops software for operating and managing wireless networks.KarlNet stockholders will receive up to $5.5 million in cash and 1 million shares of YDI common stock, related to the transaction. KarlNet...
The wireless content business continues its rapid consolidation as two major U.S. players announced international acquisitions.The moves are the latest indication that wireless entertainment and application companies are no longer content to serve domestic markets.First, wireless entertainment heavyweight Mforma Group Inc. announced it purchased...
LEVITTOWN, Pa.-FTS Group Inc., an operator of Wi-Fi hot spots and retail wireless locations that market wireless products and services, announced it will acquire a privately held prepaid company based in the Midwest. According to FTS, the company it is acquiring has been profitable...
