HERNDON, Va.-XY-Mobile, a distributor of wireless software rating, billing and customer management solutions, said it acquired Bonsai Networks, which provides service enabling platforms for convergent Wi-Fi networks.Bonsai's SEP integrates access control and support functions such as billing, roaming, deployment and management services on a...
STOCKHOLM, Sweden-Mobilaris AB, which provides middleware for location-based services, acquired BlueFactory's third-party content and service management operations."The third-party instrumentation is exactly what we need at Mobilaris at present," said Bjorn Westerholm, chief executive officer of Mobilaris. "It is an important step to assure that...
SAN JOSE, Calif.-Synchronization company Intellisync Corp., which recently changed its name from Pumatech, announced it will acquire rival synch company Search Software America for $20 million in cash. The move comes on the heels of the company's latest quarterly release, which shows rising revenues...
LEVITTOWN, Pa.-FTS Wireless Inc., which operates retail wireless locations that market and sell next-generation wireless products and services and operates Wi-Fi hot spots, signed a binding letter of intent to acquire the assets of Tampa, Fla.-based wireless distributor Wireless Unlimited Inc. Last week FTS...
LONDON-Actix, which provides wireless network performance engineering software, has acquired ComOpt, a provider of automated wireless optimization solutions."Actix and ComOpt have created a major new force offering intelligent performance engineering solutions for wireless focused on the key business challenges facing operators today-squeezing more out...
ST. LOUIS-Amdocs announced it has completed the acquisition of XACCT Technologies Inc., as announced in December. Amdocs acquired the company for $29.5 million, including $13.5 million in cash and the rest in Amdocs ordinary shares."The integration of XACCT's industry-leading mediation software provides us a...
NEW YORK-Cingular Wireless L.L.C. has reportedly amended documents connected with its $41 billion acquisition of AT&T Wireless Services Inc. so that the company would not pay any interest if the deal does not close by the middle of December. The original documents called for...
LONDON-Actix, which provides wireless network performance engineering software, has acquired ComOpt, a provider of automated wireless optimization solutions."Actix and ComOpt have created a major new force offering intelligent performance engineering solutions for wireless focused on the key business challenges facing operators today-squeezing more out...
TOMBALL, Texas-LitFiber announced it has secured approximately 200 radio towers and 200 rooftop sites in the United States and plans to begin building out three distinct nationwide wireless networks.One network will be dedicated to homeland security data and voice communications; another will be primarily...
TOMBALL, Texas-LitFiber announced it has secured approximately 200 radio towers and 200 rooftop sites in the United States and plans to begin building out three distinct nationwide wireless networks.One network will be dedicated to homeland security data and voice communications; another will be primarily...
DENVER-Financial services firm Daniels & Associates said it led the nation in the number of completed mergers & acquisitions of U.S. telecom companies last year. Daniels specializes in cable, telecommunications, Internet and media.According to Thomson Financial, Daniels completed 32 M&A transactions for U.S. telecom...
NEW YORK-Wireless enterprise company Onset Technology announced it acquired InfoClarus Inc.'s METAmessage wireless application, as well as its 1,000 METAmessage customers. Terms of the deal were not disclosed.Onset said more than 150 law firms across the country use METAmessage to remotely access billing records,...
As the list of potential suitors became clearer last week, AT&T Wireless Services Inc.'s management took control of the situation by announcing a mid-February deadlines for potential buyers to submit acquisition proposals. The carrier also said it plans to make a decision about its...
DENVER-Daniels & Associates was the second most active financial adviser in the telecommunications business during 2002, according to data from Thomson Financial. Daniels completed 28 merger and acquisition transactions in cable television, broadcast, cellular, paging, specialized mobile radio, personal communications services, telephony and Internet...
DUBLIN, Ireland—A new report from U.K.-based analysts Strategy Analytics suggests that a number of handset vendors could be prime targets for larger rivals. The report, "Western Europe Operators' Handset Vendor Strategies," indicates that while Alcatel, Philips and Sagem handsets are sold by half of...
HELSINKI, Finland—The Danish government has requested a meeting with SBC Communications to discuss the U.S. telecom company's immediate future plans for its 42-percent equity in the Danish telecom company TDC.The invitation to talks has emerged following a confirmation by TDC's board that SBC intends...
NEW YORK-Telecommunications reflected the dramatic drop in the number and size of mergers and acquisitions involving U.S. companies last quarter, Los Angeles-based Mergerstat reported.Across industry sectors, these transactions numbered 1,954, down from 2,539 during the year-ago quarter. Communications companies announced 86 combinations this spring,...
HELSINKI, Finland-There is an old saying in Norway that declares "true arrogance is a city inhabited by Swedes." However generalized and over the top that expression may be in the 21st century, it still retains general currency status as to how Sweden's Nordic neighbors,...
LUBBOCK, Texas-Sprint PCS affiliate Alamosa Holdings Inc. completed its merger with Roberts Wireless Communications L.L.C. and Washington Oregon Wireless L.L.C., increasing Alamosa's licensed population from 8.5 million residents to 12.5 million residents. The combined company had a total of 166,127 subscribers, made up of...
NEW YORK-Telecommunications mergers made up four of the top 10 largest mergers of all time, according to a list released by the Associated Press following the approval of America Online Inc. merger with Time Warner.Vodafone AirTouch plc's merger with Mannesmann AG last year topped...
BOSTON-In 2000, the wireless industry saw WAP browsers proliferate, wireless terminals become exciting again and 2.5 and third-generation technologies become more focused, analyst firm The Yankee Group said. But 2001 is expected to bring about even more opportunities for wireless technology, although not as...
NEW YORK-The $41.6 billion bid by Deutsche Telekom AG for VoiceStream Wireless Corp. was the largest merger announced last quarter and the second-largest during the first nine months of this year, Mergerstat L.P., Los Angeles, reported.The semiconductor sector, with mergers totaling $49.5 billion, led...
NEW YORK-The Financial Accounting Standards Board, Norwalk, Conn., expects by early next year to complete its project to eliminate the advantageous tax treatment of mergers as pooling of interests, rather than outright purchases.By dollar volume of recent transactions, companies in the high-technology sector, including...
NEW YORK-Merger and acquisition activity involving American companies shed some of its recent hyperactivity, slowing down last quarter to its lowest level since early 1998, Mergerstat L.P., Los Angeles, reported.Among companies releasing the dollar amount of their transactions, aggregate deal value dropped to $248.1...
