Investment
John Clancy named President and CEO of Azuki Systems
Azuki Systems, a provider of mobile media platforms, has announced that John Clancy has joined as president and chief executive officer.
Clancy joins Azuki from Schooner Capital where he served as CEO in residence, advising portfolio companies on growth strategies, while identifying new technology investment opportunities. He came to Schooner on the heels of developing and [...]
Motorola unveils additions to APX P25 mission critical two-way radio series
The Enterprise Mobility Solutions business of Motorola has announced its newest additions to its APX P25 mission critical two-way radio series — the APX 7000XE Portable, APX 6000 Portable and APX 6500 Mobile.
The APX 7000XE, the first Motorola radio, is designed for use by first responders in extreme conditions. The smallest handheld P25 Phase 2 [...]
Qualcomm collaborates with Global Holding and Tulip Telecom in LTE Venture
Qualcomm has announced Global Holding and Tulip Telecom as initial shareholders for its India LTE venture. Subject to receipt of government approvals, Qualcomm will have a 74 per cent stake in the venture, while Global Holding and Tulip Telecom will hold 13 per cent each, as required by applicable Indian Foreign Direct Investment regulations.
Qualcomm believes [...]
McAdam joins TCV as general partner
Technology Crossover Ventures (TCV), a growth equity investor focused on investing in technology companies, has announced that Tim McAdam has joined the firm as a general partner.
McAdam, a former general partner of Trinity Ventures will work on investment opportunities in the enterprise software and services sector, and will be based in the firm’s Palo Alto, [...]
EA to open customer service centre in Galway
Electronic Arts, an interactive entertainment software company, has announced plans to open a European customer service and operations centre for its BioWare studio, to be based in Galway, Ireland.
The new facility is expected to provide BioWare with greater proximity to European players. This investment is being supported by the Irish Government through IDA Ireland.
EA will [...]
Alca-Lu appoints Frank Maccary as VP, Investor Relations
Frank Maccary will join Alcatel-Lucent as vice president, Investor Relations, responsible for communication with the investment community, including financial analysts, institutional investors and retail shareholders.
Maccary will report to Paul Tufano, the company’s chief financial officer. This appointment becomes effective 6 April.
Maccary will replaces Remi Thomas who will become Chief Financial Officer for the company’s enterprise [...]
Investor group to acquire majority stake in Skype
Skype Technologies and an investor group led by Silver Lake have signed a definitive agreement in which the investor group will purchase a 65 per cent interest in Skype Technologies from eBay for approximately $1.9bn in cash, in a transaction valuing Skype Technologies at $2.75 bn. eBay will retain the remaining 35 per cent equity [...]
Trilogy increases stake in NZ operation
Trilogy International Partners (Trilogy), a US-based telecommunications holding company, has announced its intention to acquire an additional 26 per cent stake in 2degrees, a Greenfield mobile wireless operator in New Zealand, bringing Trilogy’s interest in the venture to 52 per cent.
Trilogy agreed to purchase the interest currently held by Hong Kong-based General Enterprise Management Services [...]
ZTE to build all-IP mobile broadband network in Madagascar
ZTE, a global provider of telecommunications equipment and network solutions, is rolling out an all-IP mobile phone and data network for Madamobil, a new mobile operator in Madagascar.
Madamobil is owned and operated by Life Telecom Holdings (a telecom investment and management firm based in the Netherlands) in partnership with Tecom Investments (a subsidiary of Dubai [...]
Idea Asia, GMEG enter acquisition agreement
Asia Global Holdings’ subsidiary Idea Asia and Global Media & Entertainment (GMEG) have entered into an agreement whereby GMEG has agreed to acquire Idea Asia from AAGH subsidiary Sino Trade Intelligent Development (Sino Trade) in return for 7.5% of GMEG’s common stock and other considerations. The deal is pending exchange of consideration on or before [...]
