Consolidation among mobile game publishers continues to escalate in 2005 with the announcement that European mobile gaming heavyweight In-Fusio has acquired Thumbworks, a U.S. gaming and entertainment publisher.
LG Electronics reversed a year-ago net loss, posting net profit of $139.1 million in the fourth quarter ended Dec. 31, 2004. Handset sales were up in the quarter, largely due to LG's performance in North America and Europe.
Siemens Mobile Acceleration is plunking down a $3 million investment in PhoneBites, a mobile entertainment company based in the United States. Separately, wireless network optimization solution provider Venturi Wireless landed a $10 million funding package.
Without providing too many details, Nokia announced it has reached an out-of-court settlement with Spanish handset maker Vitelcom over a patent infringement claim.
Seattle-based Qpass has found a front office partner to go with its backoffice technologies for the delivery of content to carriers. Qpass today announced its acquisition, in an uspecified stock deal, of the Austrian company ucp morgen.
Oracle/PeopleSoft, Intellisync, Good Technology, Neuf Telecom, Amdocs, Partner Communications, Ericsson, T-Mobile International, Diamond I, Usurf America, U.S. Wireless Online, Pioneer Communications, Digital Bridges, Mobile Action and ViVOtech.
Cingular Wireless ended the fourth quarter with 49.1 million subscribers, spurred by 1.8 million additions during the quarter. The No. 1 U.S. wireless carrier posted a loss of $497 million.
While Sprint moves forward with its planned merger with Nextel Communications, the company wants to ensure its top executives stick around and is offering up some cash to make sure of it.
The race is on for a world phone capable of accessing W-CDMA 3G networks as well as the other radio technologies under the GSM umbrella. That handset doesn't yet exist, but the chips that will enable it are starting to emerge.
Nortel Networks continues to make a push in Asia. The latest: The telecom equipment maker has signed a joint venture framework agreement with LG Electronics covering telecom equipment and networking solutions.
Nokia will be the first handset manufacturer to commercially offer handsets featuring a single-chip solution based on Texas Instruments' Digital RF Processor (DRP) technology designed to combine the functionality of several chips onto one.
In the name of offering an end-to-end Zigbee platform, Chipcon is merging with Figure 8 Wireless, which has been purchased by Chipcon's parent Chipcon Group ASA. Terms of the all-stock deal were not disclosed.
Sorrent has inked an exclusive 2-year deal to develop and distribute mobile content based on soon-to-be-released feature films from Twentieth Century Fox.
Virgin Mobile, BT Livetime, Samsung, TI, MobilePro, WiMAX Forum, Maxstream