ST. LOUIS—Software developer and billing platform provider Amdocs Ltd. plans to enter the digital transaction space with a $275 million buyout of Seattle-based Qpass Inc. Qpass’ technology facilitates content sourcing, merchandising, delivery and billing across mobile, VoIP and Wi-Fi networks. Amdocs said the all-cash...
TOKYO—Vodafone Group plc’s Japanese operations will undergo a brand change once the sale of the unit to Softbank Corp. is complete, the two companies announced today. Vodafone assured customers that they would continue to be able to use their vodafone.ne.jp e-mail addresses and that...
REDWOOD SHORES, Calif.—Software giant Oracle Corp. announced it’s spending about $220 million to buy Portal Software Inc., a firm that develops billing and revenue management solutions for the communications and media industries. "The combination of Oracle and Portal delivers the first end-to-end packaged enterprise...
NEW YORK—Mobile software developer Comverse Technology Inc. said it will spend up to $180 million in cash to acquire privately held Netcentrex S.A. Paris-based Netcentrex makes software for Voice over Internet Protocol services as well as IP-based video and data offerings and fixed-mobile solutions...
MILWAUKEE—Brady Corp., which makes die-cut components used by mobile handset manufacturers and electronics companies, announced it has signed a definitive agreement to acquire Tradex Converting AB. Tradex, headquartered in Kungalv, Sweden, manufactures pressure sensitive, die-cut adhesive components for the mobile handset and electronics industries....
SANTA BARBARA, Calif.—724 Solutions Inc. announced it will go ahead with its plan to be acquired by venture-capital firm Austin Ventures. Austin said it would acquire 724 for $3.34 per common share. The amount is slightly more than the previous purchase price the companies...
HUNT VALLEY, Md.—Network development company Tessco Technologies Inc. announced it purchased Wi-Fi equipment company TerraWave Solutions Ltd., and affiliate GigaWave Technologies Ltd., for $4 million in cash. Tessco’s stock was down slightly on the news to around $20 per share."This acquisition would enhance our...
LAS VEGAS—Mobile search provider Medio Systems Inc. said it acquired WebRelevance in a move to bolster its mobile advertising platform. WebRelevance provides software and services in the contextual advertising space, which is Web advertising that targets specific users based on content they access. For...
LAS VEGAS—3GUpload, which provides direct-to-consumer mobile entertainment, said it netted $20 million in venture funding from VantagePoint Venture Partners. VantagePoint is one of the investors behind the popular social networking Web site, Myspace.com, noted 3Gupload.Click here to see all of RCR Wireless News' coverage...
VIENNA, Va.—In a move to expand its mobile product development expertise, Induslogic Inc., which provides outsourced product development, said it has agreed to acquire Lambent, a mobile product engineering services company based in Nagpur, India. Lambent, which was established in 2000, adopted Qualcomm Inc.’s...
PARIS—Alcatel announced its Genesys subsidiary acquired privately held voice recognition company VoiceGenie in an undisclosed cash transaction. Founded in 2000, VoiceGenie develops self-service applications using Voice XML. The technology can be used by carriers for directory assistance, navigation direction and virtual receptionists. VoiceGenie is...
LAS VEGAS—Global Wireless Entertainment Inc. said it acquired SkinIt Inc., which provides on-demand and custom physical personalization of mobile devices. GWE, which manages celebrities and brands in the mobile media environment, said SkinIt has merged with its Cellfan.com business. Together the businesses will provide...
SECAUCUS, N.J.—Panasonic Corp. announced it acquired wireless chip-maker Tropian Inc., a Cupertino, Calif.-based company that develops polar modulation techniques for use in wireless transmitter applications. Panasonic is the North American arm of Osaka, Japan-based electronics company Matsushita Electric Industrial Co. Ltd. Terms of the...
LONDON—United Kingdom cable operator NTL said it reached a deal to acquire Virgin Mobile Holdings (UK) plc for $1.68 billion. The news ends months-long negotiations between the two companies. Virgin initially turned down an offer from NTL in early December, saying that the offer...
SAN MATEO, Calif.—Wireless game-maker Glu Mobile announced it acquired iFone, a wireless entertainment publisher based in Manchester, United Kingdom. Financial terms of the agreement were not disclosed.The transaction is just the latest in a long string of merger-and-acquisition activity in the wireless gaming market....
OTTAWA—Canadian mobile data company ZIM said it will pay $1.1 million in cash and stock to acquire U.S.-based content provider Advanced Internet Services Inc. ZIM hopes to use the acquisition as an "immediate entry" point to the mobile content market. AIS was founded in...
SAN JOSE, Calif.-Nvidia Corp. said it plans to acquire Hybrid Graphics Ltd., a Finnish company that provides embedded 2-D and 3-D graphics software for handheld devices. Under the definitive agreement, Hybrid is to become a subsidiary of Nvidia, maintaining support functions for its existing...
LONGMONT, Colo.—Intrado Inc. quietly trimmed jobs—including several high-level executive positions—to prepare for its upcoming integration with West Corp. Teleservices provider West Corp. announced in January that it would acquire the Colorado company, which provides infrastructure to the U.S. 911 system, for $465 million in cash....
SAN JOSE, Calif.—Nvidia Corp. said it plans to acquire Hybrid Graphics Ltd., a Finnish company that provides embedded 2-D and 3-D graphics software for handheld devices. Under the definitive agreement, Hybrid is to become a subsidiary of Nvidia, maintaining support functions for its existing...
LAS VEGAS—SkyBridge Technology Group Inc. signed a nonbinding letter of intent to acquire TeleDigit Inc., according to the companies. Terms of the deal were not disclosed.SkyBridge, based in Las Vegas, specializes in business systems integration for telecom, data and wireless networks, including Voice over...
BROOMFIELD, Colo.—Level 3, an international communications company, completed its acquisition of Progress Telecom, L.L.C., a regional wholesale network services company based in St. Petersburg, Fla. By the terms of the agreement signed on Jan. 25, Level 3 paid about 19.7 million unregistered shares of...
ISSY-LES-MOULINEAUX, France—Wavecom announced plans to acquire Sony Ericsson Mobile Communications L.P.’s machine-to-machine business, which specializes in automotive and industrial wireless solutions, in a deal valued at a maximum of $39.5 million. The deal is expected to close near the end of this month. Wavecom’s...
SAN JOSE, Calif.—GPS chipset provider SiRF Technology Holdings Inc. said it acquired TrueSpan, a two-year-old company that is developing chips for mobile TV. The acquisition is part of SiRF’s plans to develop chips for a variety of wireless technologies.TrueSpan’s platform is based on OFDM...
SEOUL, South Korea—LG Electronics Co. Ltd., one of the world’s top five handset vendors, plans to acquire South Korean handset rival KTF Technology, allowing LG to go head-to-head with Pantech Group, which is now the top handset vendor in the South Korean market. Pantech...
