Philips

Royal Philips Electronics launched a hostile bid Friday to acquire all of the outstanding common shares of VLSI Technology Inc. after VLSI declined to respond to Philips’ merger proposal by last week’s Wednesday deadline. “Given the compelling nature of the …

AMSTERDAM-Royal Philips Electronics Friday made a bid to acquire San Jose, Calif.-based VLSI Technology Inc., a company that designs and manufactures custom and semi-custom integrated circuits for the wireless communications and computing markets. The proposal calls for VLSI shareholders to …

LOS ANGELES-Telemac Corp., a handset-based prepaid technology supplier, said it aggressively is seeking to license its Telemac Prepaid Technology to wireless handset manufacturers after signing an extended non-exclusive contract for the technology with Philips Consumer Communications. “We expect to begin …

YPRES, Belgium-Advantra International announced its deal to acquire the paging manufacturing business of Philips Consumer Communications has been completed. The two signed a letter of intent late last year and the takeover went into effect Jan. 29. Financial details of …

LOS ANGELES-Telemac Corp. said it has expanded its technology development and marketing agreement with Brite Voice Systems Inc. for exclusive distribution of the company’s BriteStar System in Europe. BriteStar is a prepaid program consisting of Telemac prepaid technology and Brite …

Marketwave Richard Bryan is the new senior vice president of sales and marketing at Marketwave Corp. Bryan previously worked for AT&T Wireless Services Inc. as its vice president of sales and marketing, in charge of staff, national accounts and retail …

Zetron Zetron Inc. launched the Model Z907 PCS Fault Finder, which provides fast notification of power amplifier and antenna problems at personal communications services sites. The PCS Fault Finder monitors forward radio-frequency power and antenna return loss in the 1.8 …

LIBERTYVILLE, Ill.-Motorola Inc. announced it has finalized an agreement to purchase the research and product development portion of Lucent Technologies Inc.’s wireless handset facility in Piscataway, N.J. Motorola said it plans to operate the facility as a design center, focusing …

BRUSSELS-A newly formed company recently announced it plans to buy the paging business of Philips Electronics Inc., following that company’s termination of its joint venture with Lucent Technologies Inc. Advantra International was formed recently by Page+ and Acyclon Electronics, and …

The introduction of digital phone technology has changed dramatically the landscape of wireless communications across the globe and put the heat on the global paging industry. Paging’s old advantages of small size and cheaper service are being whittled away, as …

OXFORD, United Kingdom-The European paging industry entered 1998 with the loud disclaimer that it had, at long last, found its high-growth niche in mobile communications. With reports they had managed to grow the total user base by more than 50 …

PREFERRED NETWORKS Preferred Networks Inc. announced its founder, president and director, Michael Saner, will retire Dec. 31. Saner previously held upper-management positions at several paging companies, such as Paging Services Inc., a paging repair, maintenance, installation and sales company he …

ALEXANDRIA, Va.-The Personal Communications Industry Association announced the formation of the PCIA Mobile Computing Advisory Group with Microsoft Corp., Sun Microsystems Inc., Oracle and Philips Consumer Communications. The PCIA MCAG’s main goal will be to promote wireless mobile computing. The …

Motorola Inc. plans to purchase assets related to the research and product development portion of Lucent Technologies Inc.’s wireless handset facility in New Jersey. The two companies have signed a tentative agreement, contingent upon Lucent fully dissolving its partnership with …

The mere idea it may one day be possible to connect computers, mobile phones and other electronic devices to share voice and data transmissions without the need for cables has brought together some of the industry’s heaviest hitters under the …

OXFORD, United Kingdom-Romances don’t always last forever. Mostly they decay gracefully at the close of a seemingly predetermined life cycle. Sometimes they blossom into universally admired permanent relationships. Other times they collapse suddenly and acrimoniously, leaving bitterness and recriminations. The …

Royal Philips Electronics and Lucent Technologies Inc. last week said they will dissolve the consumer communications joint venture they established just more than one year ago. At the time of its formation Oct. 1, 1997, Philips Consumer Communications had high …

Philips Electronics NV could announce this week plans to scrap its consumer communications joint venture with Lucent Technologies Inc. A decision about the fate of Philips Consumer Communications is expected Thursday, when Philips Electronics is scheduled to release its third-quarter …

DENVER-Under the direction of its new chief executive-Osmo Hautanen, formerly of Philips Consumer Communications and Nokia Corp.-start-up firm Formus Communications Inc. has made steady progress in its mission in the broadband wireless access arena. Founded in 1996, Formus’ aim is …

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 …

NEW YORK-Long Distance International Inc., Fort Lauderdale, Fla., announced Oct. 1 a merger with Stockholm-based NETnet International S.A. that will add 90,000 business customers to LDI’s portfolio in Europe, of which 65,000 are cellular and 25,000 are long-distance subscribers. Terms …

CHS Electronics Inc., an international distributor of microcomputer products, announced an agreement to purchase BrightStar Corp., a start-up wholesale distributor of cellular phones and accessories, the companies said. CHS will use cash and shares of stock to pay for the …

MURRAY HILL, N.J.-Executives of Lucent Technologies Inc. say they expect the company to continue growing faster than the expanding telecommunications market and expect to take market share from competitors. One day before the Sept. 18 statement, Lucent released results for …

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 …

Alcatel Alsthom’s announcement of lower-than-expected earnings hit telecom stocks in Europe and the United States late last week. The French telecom equipment vendor said its telecom segment’s income will be “adversely impacted by sharp investment cuts recently decided by some …