NEW YORK-Harris Corp. closed out its second quarter, which ended Dec. 31, with a slight decline in net income, a steady state in net income per share and a 16-percent rise in revenues, the company reported Jan. 15.Compared with the same quarter a year...
DALLAS-A Texas jury has asked L.M. Ericsson to pay $61 million to Harris Corp. for infringing on the company's patent, which allows handsets to receive a variety of digital signals. The patent has expired but the lawsuit was filed in 1998.
Microwave communications equipment supplier Harris Corp. is beefing up its presence in the local multipoint distribution services market by purchasing Wavtrace Inc., a privately held developer of wireless broadband point-to-multipoint systems.The agreement provides Harris, which owns approximately 20 percent of Wavtrace, the option to...
MELBOURNE, Fla.-Hoping to lower operating costs, Harris Corp. announced it will outsource its printed circuit board assembly to Sanmina Corp. The deal calls for Sanmina, an electronics manufacturer, to buy Harris' PCBA manufacturing assets and inventory and to lease a portion of Harris' manufacturing...
MELBOURNE, Fla.-In keeping with its strategy to focus exclusively on the worldwide communications equipment market, Harris Corp. announced it is selling its semiconductor business to a subsidiary of Sterling Holding Co. L.L.C., a Citicorp Venture Capital Ltd. investment portfolio company.Other investors include affiliates of...
IntellicellIntellicell Corp. announced Mike Hedge and Michael King, both previously with CellStar Corp., are heading up Intellicell's sales and marketing group. Hedge will be responsible for the implementation of an overall strategic growth plan to increase revenues and King will focus on developing a...
SCHAUMBURG, Ill.-Motorola's commercial, government and industrial solutions sector announced the signing of a Memorandum of Agreement with the National Security Agency to develop a Type 1 encryption certified digital portable radio, the XTS3500, based on Motorola Astro digital radio products."The XTS3500 Type 1 portable...
WASHINGTON-Last week's annual meeting of the World Bank and International Monetary Fund ended with a blueprint-but not a bold solution-for containing a worsening global financial crisis that is taking a toll on wireless firms in the global market.Highly symbolic of the contagion, which began...
The year-old Asian financial crisis is being blamed for an increasingly gloomy outlook for the third quarter, which ends this week. The situation is compounded by growing economic worries in Russia and Latin America and a weakened semiconductor market.Several companies warned investors last week...
After more than seven years of investigation and litigation, Frequency Electronics Inc. has settled all outstanding criminal and civil cases brought against it by the U.S. government with a guilty plea to one count of filing a false statement and payments totaling $8 million.Going...
The Land Mobile Communications Council this week is expected to ask the Federal Communications Commission to allocate 15 megahertz now and more spectrum later for private wireless communications. The request will include opportunities for sharing with the federal government, a feature supported by the...
BrazilMicrowave radio equipment manufacturer Harris Corp. announced plans to open a plant during the second quarter in Sao Paulo, Brazil. In addition to its manufacturing operations, the new facility will employ engineers, sales representatives and customer support staff, and is expected to export microwave...
Metawave Communications Corp. named Vito Palermo senior vice president and chief financial officer, with responsibility for the company's financial and administrative operations including accounting, treasury, financial planning, investor relations and human resources. Most recently, Palermo served as vice president and corporate controller for Bay...
NEW YORK-To address a widely acknowledged shortage of wireless technicians and appropriate training schools, the State University of New York at Canton hopes to launch in September a two-year degree program in collaboration with the wireless industry."It is very difficult to find technicians, and...
The latest radio acquisition by Harris Corp. puts the company in the position to compete for a multimillion dollar government contract upgrading airport radio systems.Harris is buying the Digital Radio Technology Inc. unit of California Microwave Inc. The Digital Radio unit was created in...
REDWOOD CITY, Calif.-California Microwave Inc. sold its Digital Radio Technology Inc. unit to Harris Corp. Terms of the arrangement were not disclosed.Digital Radio Technology was founded in 1994 to pursue opportunities in air-to-ground communications systems using digital radios, the company said. California Microwave purchased...
Motorola Inc.'s Messaging Systems Products Group licensed its FLEX technology to paging infrastructure manufacturers EcoSoft GTCO and Tecnomen Oy. EcoSoft said it will use the technology to make inexpensive paging terminal equipment for Russian and Commonwealth of Independent States markets. Tecnomen Oy plans to...
Northern Telecom entered the wireless handset market in North America for the first time by introducing PCS 1911, a personal telephone that supports voice mail and messaging services, the company said. Nortel was awarded a contract by BellSouth Mobility DCS to deploy the handsets...
MELBOURNE, Fla.-Go Wireless International and Harris Corp. announced a commercial relationship in which Harris will provide telephone switching equipment for Go Wireless' prepaid cellular phone service.Harris has made an equity investment in Go Wireless and will provide additional resources to help expand the market...
LOS GATOS, Calif.-Metricom Inc. has launched its Ricochet wireless communications network and will offer its Ricochet Wireless Modem and Internet service in Seattle, the Sea Tac airport and several surrounding communities.Metricom said the network uses spread-spectrum, packet radio technology and Metricom's frequency-hopping mesh architecture...
A number of small U.S. cellular companies have been hit with lawsuits from the government of Alberta, Canada, which is charging the companies breached contracts by not purchasing cellular equipment from NovAtel.One of the companies, Dial Two Inc. of Santa Rosa, Calif., is fighting...
MELBOURNE, Fla.-As part of the company's strategy to address the worldwide remote and rural telecommunications market, Harris Corp. said it has acquired NovAtel Communications Ltd.'s wireless products division, research and development capability and a manufacturing plant.Calgary, Alberta, Canada-based NovAtel develops and manufactures wireless products...
Close Close 52-weekExch. Company 11/28 12/13 High LowOTC A+ Communications* 12.75 13.25 15.50 7.50OTC Adage Inc. 4.75 4.63 7.13 4.25NYS AirTouch 26.75 ...
