Acquisition
Nokia Siemens to buy LTE, CDMA assets from Nortel
Nokia Siemens Networks has signed an agreement to acquire key assets from Nortel. The agreement is being seen as a step towards strengthening Nokia Siemens Networks’ position in Long Term Evolution, or LTE, next generation wireless technology and expanding its market presence in North America. The planned $650m acquisition, which will bring together the complementary [...]
Microtune to acquire Auvitek
Microtune has announced the signing of a definitive agreement to acquire privately-held Auvitek International. Under the terms of the agreement, Microtune will pay approximately $6.8m in cash and one million shares of Microtune stock, with a current value of approximately $2.2m, for the Auvitek business. The acquisition is expected to close during the month of [...]
Ericsson to acquire Elcoteq’s operations in Tallinn
Ericsson has signed an agreement with Elcoteq, a supplier to Ericsson, for part of its manufacturing operations in Estonia. The purchase price is E30m, relating to inventory and some minor assets. The agreement also includes transfer of about 1,200 employees. Ericsson expects the move to secure manufacturing capacity in Estonia. The company’s decision is claimed [...]
Radware acquires Nortel’s Layer 4-7 Application Delivery Business
Radware, a provider of integrated application delivery solutions, has completed the acquisition of assets pertaining to Nortel’s Layer 4-7 Application Delivery Business for the amount of $18m. Included in the acquisition are Nortel’s application delivery products, certain related intellectual property assets, tangible assets, inventory and service contracts in addition to a number of employees related [...]
Trident to acquire 3 consumer product lines from Micronas
Trident Microsystems, a player in semiconductor system solutions for the multimedia and digital television (DTV) markets, has entered into a definitive agreement with Micronas Semiconductor Holding to acquire selected assets of the frame rate converter (FRC), demodulator and audio product lines of Micronas’ Consumer Division. The consideration payable to Micronas will consist of 7.0m shares [...]
RIM completes acquisition of Certicom
Research In Motion (RIM) has completed its acquisition of Certicom at a cash price of Cdn$3.00 per outstanding Certicom common share. RIm believes Certicom’s technology will complement RIM’s business and the BlackBerry. Certicom, now a wholly-owned subsidiary of RIM, has been working with RIM for many years. By joining the RIM team, Certicom believes it [...]
RCC acquires Stream Wireless
RCC Consultants, has announced that its parent company, RCC Holdings, acquired Stream Wireless of Rockville, Maryland. RCC believes the addition of Stream Wireless’ know-how in the areas of strategic planning, spectrum management, fixed, core and broadband network engineering, program management and microwave network design and implementation will extend RCC’s ability to deliver additional services to [...]
Viewcast to acquire assets of Ancept
Viewcast, a developer of hardware and software for the transformation and delivery of video over broadband and mobile networks, and Ancept Media Server, a provider of digital asset management solutions, have signed an asset purchase agreement whereby Viewcast will purchase the assets of Ancept. The combined company will have an expanded global business presence and [...]
Widearea Systems acquires NYTOR Technologies
Widearea Systems has completed the acquisition of NYTOR Technologies, a wholly-owned subsidiary of Widearea Systems. NYTOR offers a family of secure thin client devices and integrated solutions that can be configured and installed based on diverse customer needs and requirements, such as multiple network domain access without compromising security. Trusted Multi-Net (TMN) enables customers to [...]
Demandtec acquires Connect3 Systems
Demandtec, a provider of on-demand optimisation solutions, has completed its acquisition of privately-held Connect3 Systems, a provider of advertising planning and execution software. The Connect3 product suite is being incorporated into the Demandtec End-to-End Promotion Management solution, a suite of software and analytical services for managing the complex promotion process, including internal and external collaboration, [...]
