Topic: Corporate News
The new items published under this topic are as follows.
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.
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.
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.
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.
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.
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.
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.
DRAPER, Utah - August 15, 2003 - Broadband Central today announced that its Chief Executive Officer, Tali Haleua, has relinquished his position at the wireless Internet service provider (WISP) to focus on "Blue Zone" deployment and business development for the company.
August 17 2003 /Wi-Fi Technology News/-HP (NYSE:HPQ), as in past quarters, plans a live audio Webcast of its upcoming third quarter earnings conference call.
PALO ALTO, Calif., Aug. 13, 2003
HP (NYSE:HPQ) has signed a definitive agreement to acquire e-Business solution provider Extreme Logic Inc. based in Atlanta. Subject to the terms of the agreement, including the satisfaction or waiver of certain closing conditions, Extreme Logic will be merged into a wholly-owned subsidiary of HP and will operate as part of the HP Services organization.
A Microsoft Gold Certified Partner, Extreme Logic is a leader in the architecture and implementation of business solutions based on Microsoft? .NET and delivers business value through a combination of deep technology expertise and result-oriented business process consulting.