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Topic: Corporate News

The new items published under this topic are as follows.

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OTTAWA, ONTARIO (July 25, 2003) ? BreconRidge Manufacturing Solutions Corporation (?BreconRidge?), a top 50 global electronics manufacturing services (?EMS?) company, announced today that it has signed a definitive agreement to acquire certain assets of the High-Speed Modules business unit of Nortel Networks (NYSE/TSX:NT). The transaction is expected to close in mid-August 2003. The assets to be acquired relate to the design, development, manufacturing, test and sale of high-speed modules applicable to optical and wireless transmission systems, satellite communications systems, radar systems for the defense industry and other microelectronics applications with speeds greater than 10 Gbit/s.

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Posted by festprint on Tuesday, August 26, 2003
 
MICROSOFT SELECTS SYMBOL TECHNOLOGIES PPT 8800 HANDHELD COMPUTER FOR REAL-TIME REGISTRATION SYSTEM AT ITS WORLDWIDE EVENTS

HOLTSVILLE, N.Y. - August 25, 2003 - Symbol Technologies, Inc. (NYSE: SBL), a global leader in enterprise mobility solutions, and Microsoft Corp. (Nasdaq "MSFT") today announced that the Microsoft? Global Marketing Platform team will deploy Windows Mobile(tm)-based wireless enterprise PDAs from Symbol to expedite registration at Microsoft Sales and Marketing events around the world. The Symbol mobility solution will be rolled out to Microsoft marketers worldwide over the next several weeks. This marks the first implementation of the Symbol PPT 8800 with the newly released Windows Mobile 2003 software for Pocket PCs.


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Posted by festprint on Tuesday, August 26, 2003
 
Siemens to invest more than US$ 110 million in research and development for Mobile Phones business in Brazil!

Manaus becomes fifth global R&D center for Mobile Phones ? Production of Cordless Phones successfully started ? Production of Wireless Modules starts in Autumn 2003

S?o Paulo, Brazil August 21 2003 via /Wi-Fi Technology News/- The mobile communication group at Siemens AG ? Siemens mobile for short - will invest more than US$ 110 million in research and development (R&D) for mobile phones in Brazil within the next five years. This is globally the fifth R&D center for mobile phones and will be fully integrated into the existing Global Network of Innovation. Siemens mobile is market leader for GSM phones and mobile infrastructure in Brazil and started local mobile phones production in the year 2000. A couple of weeks ago the production of cordless products has successfully started in the country as well. By Autumn 2003 the local wireless modules production will also start. With its regional strategy Siemens mobile plans to continue its success in Latin America.




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Posted by festprint on Saturday, August 23, 2003
 
1.2 Million Shares of Common Stock Issued

MILPITAS, Calif., Aug. 22
Palm, Inc. (Nasdaq: PALM) today announced that it has completed an $18 million equity offering for 1.2 million shares of Palm common stock at $15 per share. The shares were issued today to an institutional investor through Palm's existing $200 million shelf registration on file with the Securities and Exchange Commission.



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Posted by festprint on Saturday, August 23, 2003
 
Paris, France; Burbank and San Diego, CA, August 21, 2003 -- In a strategic step to more effectively serve the needs of the emerging digital cinema industry, Thomson (Euronext Paris; 18453; NYSE: TMS), the worldwide leader in video technologies, products and services and QUALCOMM Incorporated (Nasdaq: QCOM), today announced that QUALCOMM has sold its equity interest in Technicolor Digital Cinema (TDC) to Thomson, the parent company of Technicolor, a move that results in sole Thomson ownership of the venture. Financial terms of the sale were not disclosed.


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Posted by festprint on Friday, August 22, 2003
 
DUBAI, United Arab Emirates ? August 19, 2003 ? Motorola Inc. (NYSE: MOT) Global Telecom Solutions Sector (GTSS) today announced it has signed an expansion contract worth approximately $19 million with MTC-Vodafone, Kuwait?s largest mobile network operator. The contract includes network services and equipment to increase network capacity and coverage, and to enhance MTC?s general packet radio service (GPRS) service by activating GPRS Coding Schemes 3 and 4 (CS3/4). GPRS CS3/4 enables the provisioning of data services at up to 70 kbps, providing the necessary capacity and throughput to handle most of the data services commercially available to wireless subscribers today.

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Posted by festprint on Friday, August 22, 2003
 
BOULDER, Colo., Aug. 20.
SpectraLink Corporation (Nasdaq: SLNK), an industry pioneer in enterprise wireless communications, today announced the appointment of Simon Burland as Director of European operations. Burland's appointment signals SpectraLink's growing presence in the burgeoning European enterprise wireless market.



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Posted by festprint on Friday, August 22, 2003
 
Avaya SYSTIMAX? Structured Cabling Solutions named the most popular cabling products in India's networking industry for 2002-03

August 21, 2003
NEW DELHI , INDIA - Avaya Inc. (NYSE:AV), a leading global provider of communications networks and services for businesses, today announced that it has been named 'Top Structured Cabling Vendor of the Year' of India by Voice & Data, the leading convergence communications magazine in India.


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Posted by festprint on Thursday, August 21, 2003
 
Cingular Wireless and Sunshine PCS Corporation Agree to Terms for Spectrum Licenses

Sunshine PCS agrees to sell Cingular three Florida PCS licenses for $13.75 million

Atlanta and New York - August 18, 2003 - Sunshine PCS Corporation (OTC: SUNPA.PK) has entered into a definitive agreement with Cingular Wireless in which Cingular will acquire three licenses in Florida for $13.75 million. The licenses are for spectrum in markets where Cingular currently has voice and data operations.


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Posted by festprint on Tuesday, August 19, 2003
 
BASKING RIDGE, N.J. , US - Avaya Inc. (NYSE:AV), a leading global provider of communications networks and services for businesses, today announced that it has gained the leadership position in both the U.S. and worldwide enterprise Internet protocol (IP) telephony markets. The latest market information on this emerging technology was published by industry analyst firms InfoTech and Synergy Research Group, reflecting the U.S. and worldwide markets, respectively.


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Posted by festprint on Sunday, August 17, 2003
 

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