Wireless-related mergers and acquisitions dominated the headlines last week from technology pairings to content match-ups. Here is a roundup: Qualcomm Inc. paid $57 million in cash for Elata, a privately held U.K.-based developer of content-delivery software. Qualcomm said it will …
Philips
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NEW YORK-Orsus Xelent Technologies Inc. said it plans to purchase a 10-percent stake in Chang Zhou Moben Communication Co. Ltd., an original equipment manufacturer in China. Chang Zhou Moben has mass produced several brands of phones including Royal Philips Electronics …
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KING OF PRUSSIA, Pa.-InterDigital Communications Corp. said it will continue its battle with Nokia Corp. over royalty payments for InterDigital’s 2- and 2.5-generation technologies. The company said it would oppose Nokia’s recent motion to vacate the decision by the International …
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KING OF PRUSSIA, Pa.-InterDigital Communications Corp. signed an agreement with the semiconductor division of Royal Philips Electronics Ltd. to include InterDigital’s High-Speed Downlink Packet Access technology in the Nexperia cellular system solutions line. InterDigital offers its HSDPA solution as a …
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SAN FRANCISCO-Via Licensing Corp. added LG Electronics Co. Ltd. as a licensor in its joint patent licensing program, which offers a license for patents that are critical for implementation of 802.11 standards. Other members include France Telecom SA, Fujitsu Ltd., …
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Mesh network technology company Zensys this week plans to announce it raised $16 million in its second round of funding. The financing was led by new investor Bessemer Venture Partners, which was joined by existing partners Palamon Capital Partners and …
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AMSTERDAM-Dutch electronics manufacturer Royal Philips Electronics has reorganized its semiconductor business into four units to cut costs and better address specific markets, the company said late Tuesday. Philips said it has created an Automotive & Identification unit to complement existing …
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CHICAGO-Royal Philips Electronics today announced the sale of 30 million shares of common stock in Navteq Corp., a provider of digital maps for vehicle navigation and location-based solutions, by its subsidiary Philips Consumer Electronic Services. Philips will gain about $1.13 …
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AMSTERDAM-Dutch electronics manufacturer Royal Philips Electronics has reorganized its semiconductor business into four units to cut costs and better address specific markets, the company said late Tuesday. Philips said it has created an Automotive & Identification unit to complement existing …
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An association of mobile carriers and content firms joined the fight last week against a group of technology companies it said is looking to overcharge for anti-piracy software. The Mobile Entertainment Forum blasted a proposal by MPEG LA, the licensing …
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Most venture capitalists dream of finding the next billion-dollar company hiding in an inventor’s garage. Andy Garman, however, dreams of finding the next billion-dollar company hiding inside a current billion-dollar company. Garman is a managing partner with New Venture Partners …
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EL SEGUNDO, Calif.-The memory business did not fail chip companies last year, according to an annual semiconductor ranking from iSuppli Corp. The ranking showed that memory chip companies outperformed companies that concentrated on other products, said iSuppli. The sales revenue …
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WAKEFIELD, Mass.-The Near Field Communications Forum, an industry association launched last year to promote NFC technology, announced 20 new additions to its organization. New sponsor members are MasterCard International, Matsushita Electric Industrial Co. Ltd., Microsoft Corp., Motorola Inc., NEC, Samsung, …
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BELCAMP, Md.-Security technology provider SafeNet Inc. said it has been tapped by Royal Philip Electronics to provide the security foundation for Philips’ Trust v2 DRM (digital rights management) Solution. The companies will team to deliver an integrated DRM offering to …
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AUSTIN, Texas-Freescale Semiconductors Inc. said it has unveiled a chip platform the size of a postage stamp for mid- and high-tier mobile devices. Royal Philips Electronics said it produced an EDGE cellular system solution in commercial volumes for handsets. Known …
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Four of the world’s biggest consumer electronics companies are partnering to develop a digital rights management (DRM) standard to deter piracy and illegal copying of music and video. Matsushita Electric Industrial Co., Royal Philips Electronics, Samsung Electronics Co. and Sony …
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SAN RAMON, Calif.-The ZigBee Alliance has crowned two years of work with a ratified specification, which will allow interoperability of products from more than 100 members, said the alliance. “The announcement of the ZigBee specification is a major milestone in …
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SAN RAMON, Calif.-The ZigBee Alliance has crowned two years of work with a ratified specification, which will allow interoperability of products from more than 100 members, said the alliance. “The announcement of the ZigBee specification is a major milestone in …
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SAN JOSE, Calif.-Royal Philips Electronics introduced what it said is the world’s smallest FM radio solution for mobile devices. The company said about 15 percent of mobile phones sold worldwide currently include FM radios. Philip’s portfolio of radio solutions includes …
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EINDHOVEN, The Netherlands-Nokia Corp., Royal Philips Electronics and Rhein-Main Verkehrsverbund have come together to trial a Near Field Communication solution to allow users to wirelessly buy, store and use tickets. Using the Nokia 3220 mobile phones, users can access an …
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LONDON-A global alliance of wireless carriers that is working to define mobile-phone interface standards said it has added new members and outlined its work to date. The Open Mobile Terminal Platform Ltd. group, which includes heavyweights such as Vodafone Group …
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LONDON-A global alliance of wireless carriers that is working to define mobile-phone interface standards said it has added new members and outlined its work to date. The Open Mobile Terminal Platform Ltd. group, which includes heavyweights such as Vodafone Group …
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A year ago, the semiconductor sector seemed on cruise control, while other sectors of telecom had just begun to rev up their economic recovery engines. Quarter after quarter companies reported sequential growth, confirmed by studies reflecting a surge in demand …
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CHICAGO-Chipmaker Agere Systems Inc. said it plans to lay off 500 workers, reflecting a slowdown in the semiconductor market that has hit companies such as Intel Corp. and Philips Semiconductors. The cut will include administrative functions, as well as sales, …
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SAN FRANCISCO-The MultiBand OFDM Alliance said it will announce a Special Interest Group and discuss the roadmap for the group’s specification for ultra-wideband technology at the Intel Developers Forum next week. The promoters of the MBOA-SIG include Alereon, Hewlett Packard …