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...
CINCINNATI-Convergys Corp. announced it has acquired WhisperWire Inc. and Encore Receivable Management Inc.The acquisition of WhisperWire, a provider of industry-specific sales effectiveness software, will complement Convergys' Infinys business support system and allow them to offer communications providers a more complete solution to drive their...
WASHINGTON-Consumer groups and cellular agents petitioned the Federal Communications Commission to block the proposed merger of AT&T Wireless Services Inc. and Cingular Wireless L.L.C., while organized labor reiterated its support for the $41 billion deal. "This merger proposes an unacceptable level of concentration...
WORCESTER, Mass.-Optasite Inc., a wireless services firm that provides acquisition, cell site construction, testing and maintenance services, said it has received $10 million in financing.The company plans to use the new capital to develop and acquire wireless tower assets, initially in the Northeast and...
MENLO PARK, Calif.-Digital map company Tele Atlas N.V. announced plans to acquire rival Geographic Data Technology for $100 million. Tele Atlas provides geographic mapping information to a variety of location-services companies, including wireless technology vendors.The deal is part of a major financing agreement between...
NEW YORK-Internet company Maxplanet Corp. announced it will acquire wireless Internet design firm Wireless Ink L.L.C. Terms of the deal were not disclosed."This acquisition will provide new life to Maxplanet and enable shareholders to be part of the wireless portal boom the same way...
CLEVELAND-Further expanding its wireless push, American Greetings Corp. said it acquired ring-tone vendor MIDIRingTones. Terms of the deal were not disclosed."We're thrilled to welcome MIDIRingTones aboard as this acquisition further demonstrates our expanding leadership position in wireless content and new applications," said Josef Mandelbaum,...
WORCESTER, Mass.-Optasite Inc., a wireless services firm that provides acquisition, cell site construction, testing and maintenance services, said it has received $10 million in financing.The company plans to use the new capital to develop and acquire wireless tower assets, initially in the Northeast and...
SAN JOSE, Calif.-Voice application provider Orative announced it acquired the assets of Bonita Software, based in Raleigh, N.C. Terms of the deal were not disclosed.Orative said it acquired several patent-pending technologies, tools and other intellectual property. Bonita Software offered its ToGo Mobile Solutions product,...
DALLAS-MetroPCS Inc. said it has acquired four15-megahertz PCS licenses covering approximately 1.2 million potential customers in the cities of Modesto, Merced, Redding and Eureka, Calif. The carrier said the purchase would allow it to expand coverage in its currently launched Sacramento, Calif., market.MetroPCS, which...
ALAMEDA, Calif.-UTStarcom Inc. said it has agreed to acquire the assets of Telos Technology Inc., a move that will rev up its CDMA business and its profile not only in the fixed wireless arena, but also in wide area networks."Acquiring Telos accelerates and expands...
FORT LAUDERDALE, Fla.-VoIP Inc. announced it will acquire Wi-Fi technology company Apex Sight L.L.C. Following the acquisition, Apex will become a wholly owned subsidiary of VoIP Inc., which will offer converged voice-over-Internet Protocol and Wi-Fi solutions.The value of the deal was not disclosed."The true...
Wireless merger-and-acquisition news appears to be reaching a frantic pitch as IQ Biometrix Inc. and Wherify Wireless Inc. announced plans to merge, MobilePro Corp. said it would buy assets of Internet service provider Crescent Communications Inc., and wireless content company SmartServ Online Inc. said...
SAN DIEGO-Applied Micro Circuits Corp. said it has signed an agreement to acquire a chip unit of IBM Corp. for approximately $227 million.The deal covers intellectual property and a portfolio of assets associated with IBM's 400 series of embedded PowerPC standard products, as well...
TORONTO-Wireless merger-and-acquisition activity continues with Wireless Age Communications Inc. and Wireless Frontier Internet Inc. both announcing purchases.Wireless Age said it signed a letter of intent to acquire Westcan Wireless, Allcan Electronic Distributors and an investment in Bluewave Antenna Systems, which provide wireless broadband services...
OXNARD, Calif.-California Amplifier Inc. said its acquisition of Vytek Corp. has received the approval of both companies' stockholders.The official merger, which will take effect next week, amounts to approximately $92 million based on California Amplifier's stock trading at $11.26, said both companies.California Amplifier said...
Acquisition mania seems to have hit the wireless data industry, as wireless enterprise player Sybase Inc. announced a massive $95.2 million acquisition of rival XcelleNet Inc. Separately, Sybase said its first-quarter revenues will come in below expectations due to several transactions that did not...
ST. LOUIS-Privately held wireless tower owner AAT Communications Corp. announced it has closed its latest two acquisitions and has re-vamped its branding and marketing strategies.The company acquired 78 towers from Lake Charles, La.-based US Unwired Inc. and all assets, including 226 towers and 170...
ATLANTA-The U.S. wireless content industry continues to crackle with growing pains as Japanese gaming company Square Enix announced it will buy UIEvolution for a stunning $58 million in cash. The deal is the latest in a series of major mergers and acquisitions in the...
EXTON, Pa.-WPCS International Inc., which offers project engineering services for specialty communication systems, Wi-Fi and fixed-wireless applications, announced it plans to acquire wireless infrastructure provider Heinz Corp. for $1 million in cash and stock."Our company has reached a point where we need to expand...
ATLANTA-Wireless application and technology company Air2Web announced it acquired European wireless software company Wokup SA. Terms of the deal were not disclosed."We are very excited about the merger with Wokup," said Sanjoy Malik, Air2Web's president and chief executive officer. "Air2Web is already providing significant...
ALEXANDRIA, Va.-Wireless data carrier Metrocall Holdings Inc. reported its fourth-quarter results following its acquisition of Weblink Wireless Inc., showing revenues of $87.1 million and net income of $2 million."Our fourth-quarter and fiscal-year results reflect our continued focus on business and enterprise based accounts as...
ATLANTA-Wireless application and technology company Air2Web announced it acquired European wireless software company Wokup SA. Terms of the deal were not disclosed."We are very excited about the merger with Wokup," said Sanjoy Malik, Air2Web's president and chief executive officer. "Air2Web is already providing significant...
LEVITTOWN, Pa.-FTS Wireless Inc. an operator of retail wireless locations that market wireless products and services and operate Wi-Fi hot spots, said it has successfully integrated the acquisition of its sixth wireless location."FTS Wireless is on track to post record top-line revenue growth for...
