Topic: Finance, Investment and Stocks
The new items published under this topic are as follows.
$20m Funding Round Sees Intel Capital and Presidio Ventures Joint Investors
-/Wi-Fi Technology News/- Carrier IQ, the leader in Mobile Service Intelligence solutions for wireless carriers and equipment vendors, today confirmed that despite the adverse prevailing financial market conditions, the company had completed a significant new round of funding, raising $20 million and also attracting key strategic investors including Intel Capital and Presidio Ventures, a Sumitomo Corporation Company.
Purple Labs Acquires Mobile Applications And Software Team Of Sagem Wireless
Purple Labs Closes 52 Million Euro License And Development Agreement Following Acquisition Of Sagem Mobile Software; Names ex-Motorola executive as new VP Software Engineering
Chambéry, France -/Wi-Fi Technology News/- Purple Labs, the leading software provider for mass-market mobile phones, announced today that it has successfully completed the acquisition of the mobile applications suite and software engineering team of Sagem Wireless, a French manufacturer that develops mobile phones branded by Sony Ericsson, Orange, Vodafone and other customers.
Alcatel-Lucent’s CEO States The Company Is In Good Shape From A Cash Standpoint
Paris, France,-/Wi-Fi Technology News/- Alcatel-Lucent’s Board of Directors (Euronext Paris and NYSE: ALU) reviewed and approved reported results for the third quarter 2008. During the quarter, revenues declined 6.6% year-over-year and decreased 0.9% sequentially to Euro 4.065 billion. At constant exchange rate, revenues declined 2.2% year-over-year and 2.9% sequentially.
CommProve Secures $14 Million Financing To Support International Expansion
-/Wi-Fi Technology News/- CommProve, a leading vendor of advanced solutions for the real-time monitoring of wireless networks, has closed $14 Million in new financing to support its international expansion and broaden its product portfolio. The financing round was led by TVM Capital and Endeavour with the participation of the existing investor, TLcom Capital.
Israeli Fabless Semiconductor Company Percello Announces $12 million Series B financing
Granite Ventures and Vertex Venture Capital Co-Lead Series B Financing Round, T-Mobile Venture Fund Joins as Strategic Investor
RA’ANANA, ISRAEL-/Wi-Fi Technology News/- Percello Ltd., an Israeli fabless semiconductor company, today announced the completion of a $12 million Series B financing. The company is developing baseband processors for the 3G and LTE femtocell market. A femtocell is a small cellular access point, typically designed for use in residential or small business environments, and the femtocell concept is considered a revolution in mobile network architecture.
Allegiance Capital Corporation Selling Dallas-based MultiCam
-/Wi-Fi Technology News/- Allegiance Capital Corporation, a full-service investment banking firm servicing middle marketing companies worldwide, announces the sale of MultiCam, Inc., a Dallas-based manufacturer of CNC cutting machinery used in a wide array of industries, to Blue Sage Capital Partners of Austin, Texas. Acting on behalf of the seller, Allegiance Capital was the investment bank on the transaction.
BelAir Achieves Leadership Nomination For mobile broadband Mesh Solutions
Kanata, Ontario -/Wi-Fi Technology News/- BelAir Networks, the leading provider of mobile broadband mesh networks, was named the worldwide wireless mesh node market leader based on revenue for the third consecutive quarter, according to Dell?Oro Group?s recently released Q1 2008 Wireless LAN quarterly report.
Qualcomm Joins Cisco, Intel , ADC, Motorola And Other ip.access Investors
Cambridge, UK-/Wi-Fi Technology News/- ip.access, the multi-award winning developer of femtocell and picocell solutions, today announced that Qualcomm Incorporated has made a strategic investment in the company as part of Qualcomm?s European investment fund. Terms of the investment were not disclosed.
Merger Of Actix Limited and Radioplan GmbH Now Complete
Radioplan officially becomes Actix GmbH, completing the Actix automated optimization suite of tools
London, UK-/Wi-Fi Technology News/- Actix, the recognized global leader for systems that enhance mobile network customer experience while reducing the total cost of ownership, today announced the completion of the merger of Actix Limited and Radioplan GmbH, a Dresden-based provider of automated network optimization software with customers in Europe, USA and Asia. The merger sees Radioplan become Actix GmbH and fully completes the Actix automatic optimization suite.
A-GPS Solution Provider NemeriX Receives $22M In Series-C Funding
Financing round allows continued development of innovative GPS solutions focused on personal navigation and mobile handset customers
Manno, Switzerland-/Wi-Fi Technology News/- NemeriX, a leading A-GPS solution provider based near Lugano, Switzerland, closed a $22m (CHF 27m) financing round. All existing investors (Atila Venture Partners, Auriga Partners, Oak Investment Partners, PolyTechnos Venture-Partners and VI Partners) participated.