HOLTSVILLE, N.Y.-Symbol Technologies Inc. reported increasing revenues as well as net earnings of $16.2 million in its fourth quarter, but the positive news didn't interest investors, who sent the company's stock down about 11 percent. Symbol's stock was trading about $16 after its earnings...
SCOTTSDALE, Ariz.-Symbol Technologies Inc. launched the WS 2000 Wireless Switch, a new wireless switch designed to lower the costs of deploying, managing and maintaining Wi-Fi networks in branch offices.The switch can be centrally managed from network operation centers and replicated across multiple locations, according...
HOLTSVILLE, N.Y.-Investors appeared to cheer what seems to be the end of Symbol Technologies Inc.'s long financial restatement road. The company announced it filed the restatement of its 1998 through 2001 finances with the Securities and Exchange Commission, and it will gain a new...
Investors appeared to cheer what seems to be the end of Symbol Technologies Inc.'s long financial restatement road. The company announced it filed the restatement of its 1998 through 2001 finances with the Securities and Exchange Commission, and it will gain a new chief...
SCOTTSDALE, Ariz.-Mobile computing company Mobility Electronics Inc. announced it purchased the hardware components of InVision Software's handheld computing business for 70,000 shares of common stock.The company also said it will gain two InVision executives through the move.Mobility Electronics said it will gain InVision's hardware...
HOLTSVILLE, N.Y.-Mobile computing company Symbol Technologies Inc. reported its first and second quarter results, as well as its 1998-2002 restated results that were under investigation by the Securities and Exchange Commission.For its second quarter, Symbol posted revenues of $375 million, up 15 percent over...
HOLTSVILLE, N.Y.-Symbol Technologies Inc. said it scored another favorable ruling in its Wi-Fi patent battle with Proxim Corp., this time with a jury deciding Symbol's technology does not infringe on Proxim's patents. The ruling was part of a counterclaim suit Proxim brought against Symbol.Earlier...
HOLTSVILLE, N.Y.-Symbol Technologies Inc. continued operations in the eye of the storm, with an Ohio jury awarding $218 million in damages to a company suing one of Symbol's business units.Symbol's unit, Telxon Corp., said it would appeal the verdict. Symbol's stock was down about...
HOLTSVILLE, N.Y.-Troubles continue to mount for Symbol Technologies Inc., which offers wireless and mobile computing devices and products, as the company again delayed its annual financial filing and revealed further accounting errors.Symbol said it will not file its Annual Report on Form 10-K with...
HOLTSVILLE, N.Y.-Rugged handheld device maker Symbol Technologies Inc. said it purchased wireless enterprise company Covigo Inc. for an undisclosed amount.The move is the latest in the wireless enterprise front, which has seen a significant amount of activity under the tightened economy.Symbol said it will...
Rugged handheld device maker Symbol Technologies Inc. said it purchased wireless enterprise company Covigo Inc. for an undisclosed amount.The move is the latest in the wireless enterprise front, which has seen a significant amount of activity under the tightened economy.Symbol said it will add...
HOLTSVILLE, N.Y.-Wireless and mobile device maker Symbol Technologies Inc. suffered further fallout from its Securities and Exchange Commission investigation, with its chairman of the board and executive vice president and general counsel resigning from the company."It is clear that improper finance and accounting activities...
HOLTSVILLE, N.Y.-The former chief accounting officer of wireless and mobile device maker Symbol Technologies Inc. pled guilty to a "vast fraudulent scheme" aimed at inflating Symbol's revenues and earnings by millions of dollars between 1998 and 2002, the Securities and Exchange Commission said.Trading in...
RESTON, Va.-Expanding the usability of its handset offering, Nextel Communications Inc. reported a deal with handset manufacturer Motorola Inc. and Symbol Technologies Inc. to provide a bar code scanner attachment for select Nextel handsets, including the i88s and i58sr.The companies said Symbol's one-ounce PSM20I...
The evolution of the wireless local area network industry has been so dramatic that it seems almost a certainty that mobile-phone makers will include WLAN technology in future wireless devices.Indeed, all the major mobile-phone chip makers have announced plans to include 802.11 technology in...
ATLANTA-In conjunction with Symbol Technologies, UPS has developed the fourth generation of Delivery Information Access Devices, which include Global Positioning System links, built-in GPRS and CDMA radios and Wi-Fi and Bluetooth connectivity.The DIAD IV devices also will have color screens to allow for color-coded...
HOLTSVILLE, N.Y.-Symbol Technologies Inc., which makes wireless and mobile devices for workers, said it expects revenue for its first quarter to be 20 percent higher than the $301 million it reported during the same quarter last year, but said its various expenses are dragging...
HANNOVER, Germany-The march of new, advanced devices continued in conjunction with the CeBIT trade show, with Samsung, Siemens, NEC and Symbol all making announcements.Samsung Electronics Co. Ltd. made perhaps the most interesting announcement with plans to sell a new style of wireless devices based...
HOLTSVILLE, N.Y.-Symbol Technologies Inc., which makes rugged mobile and wireless devices, said it filed a counter suit against Hand Held Products Inc., alleging the company infringed on 12 Symbol patents.HHP previously filed a patent infringement suit against Symbol.Symbol said the patents cover bar code...
HOLTSVILLE, N.Y.-Kenneth Jaeggi, the senior vice president and chief financial officer for Symbol Technologies Inc., resigned from the company. William Nuti, the company's president and chief operating officer, will take over the spot until the company completes its search for a new CFO.Symbol makes...
HOLTSVILLE, N.Y.-Kenneth Jaeggi, the senior vice president and chief financial officer for Symbol Technologies Inc., resigned from the company. William Nuti, the company's president and chief operating officer, will take over the spot until the company completes its search for a new CFO.Symbol makes...
RESTON, Va.-Daniel Akerson, chairman and chief executive officer of XO Communications Inc., will quit the company following the completion of XO's financial restructuring. The company will move into the hands of financier Carl Icahn, which will hold a controlling interest in the company after...
TORONTO-Bell Canada announced its official entry into the wireless local area network (WLAN) market, through partnerships with U.S.-based Cisco Systems and Symbol Technologies .Using the 802.11b or Wi-Fi standard, Bell's package of WLAN products can be used in hospitals, warehouses, universities, restaurants, hotels, airports...
COLUMBIA, Md.- Peak Technologies was awarded as the largest reseller for Symbol Technologies last year, selling about $28 million worth of Symbol products."Peak Technologies was our leading reseller again last year because they have a highly-talented organization that can provide all of the hardware...
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