Sirf of U.S. to unveil two alliances

Article Abstract:

Sirf Technology Inc., a US maker of satellite communications chips, has launched strategic partnerships with two cellular-phone companies and raised a new round of financing. The company has teamed up with Nokia Corp., which invested $3 million in the company and Sweden's Telefon AB L.M. Ericsson, which has chosen to use Sirf's global positioning satellite technology for its cellular phones. According to the company's founder and vice president of marketing, Kanwar Chadha, the company has also raised $10 million in a second round of financing, bringing its total capital to $22.6 million.

Comment:

Has chosen to use Sirf's global positioning satellite technology for its cellular phones

United States, Finland, Sweden, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Strategic alliances, Satellite Communications Eqp, Nokia Corp., Telefonaktiebolaget LM Ericsson, Satellite communications systems, SiRF Technology Inc. (Bracknell Berkshire, England), Article

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Newbridge races to beat rivals to wireless network

Article Abstract:

Newbridge Networks Corp. is counting a great deal on a new wireless broadband telecommunications network as the company competes for the wireless network sector. In addition, rumors of an acquisition of Newbridge continue to spread.

Canada, Acquisitions & mergers, Communications Equipment, Management, Telecommunications equipment industry, Newbridge Networks Corp., NN

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