
TECHNOLOGY / TELECOMMUNICATIONS - September 15 to September 30, 2004
MITSUI USA INVESTS IN SAVI TECHNOLOGY
SUNNYVALE - Mitsui & Co. (U.S.A.) Inc. - a wholly-owned subsidiary of Mitsui & Co., Ltd., Japan - has said it will invest $10 million in Infolink Systems Inc, a holding company and parent of privately-held Savi Technology, a provider of real-time networked solutions for the management and security of supply chain assets.
Savi Technology is a developer of a wireless cargo monitoring network which employs RFID, barcode, cellular and satellite communications systems to track shipments around the world utilized by the US Department of Defense and the United Kingdom Ministry of Defense.
The company - headquartered in the Silicon Valley community of Sunnyvale - is privately held with offices in Washington, DC, London, Milan, Hong Kong, Taiwan, Singapore, and South Africa. Mitsui USA, based in New York, is Mitsui's largest overseas subsidiary and is engaged in export, import, and offshore trading, and operates more than 90 consolidated subsidiaries and affiliated companies in the US. The company also maintains partnerships with more than 100 logistics services providers, including ocean and air carriers, rail operators, trucking companies, warehousing companies, customhouse brokers, and insurance companies. In addition to its New York City headquarters, Mitsui U.S.A. maintains offices in Chicago, Cleveland, Detroit, Houston, Los Angeles, Nashville, Portland, San Francisco, Seattle, and Washington, DC. Its parent company, Mitsui & Co. Ltd., Japan, is one of the world's most diversified and comprehensive trading and service companies. Headquartered in Tokyo, it maintains a global network of 183 offices in 80 countries, and has 723 subsidiaries and associated companies worldwide.
CHINESE FIRM PLANS 2,800 NET CAFES SHANGHAI, China - China Unicom - the country's second-largest mobile phone company - has outlined plans to open 3,000 Internet cafes by the end of the year in a move aimed at exerting stronger state control over a sector once dominated by private enterprise.
The state-operated company already operates 400 Internet cafes in China and plans to start up as many as 200 more by year's end, according to a recent report by China Radio International. China has been moving to tighten controls over access to the Internet, closing down thousands of "wangba" or web bars, installing ever more sophisticated filters and increasing surveillance of online activity.
Authorities say the campaign is aimed mainly at preventing youngsters from being exposed to pornographic or otherwise unsuitable materials, but it also targets information and sites deemed politically sensitive.
By allowing a state-controlled telecom company to operate a large number of Internet cafes through a "chain store" system, the government "can further tighten controls," the radio report said.
CISCO PURCHASES NJ SOFTWARE COMPANY
SAN JOSE - Computer network developer Cisco Systems Inc. has paid $55 million for New Jersey-based Dynamicsoft Inc. "to expand in the $2.9 billion market for Internet- based calling products," according to a Cisco press release.
Cisco also will assume $3.8 million in Dynamicsoft's debt, the release said. Dynamicsoft - which develops software that delivers voice and information as packets of data - is the 10th acquisition this year for Cisco, which, analysts have said is campaigning to displace archrivals Nortel Networks Corp. and Lucent Technologies Inc. in sales of equipment to phone companies. The company's sales of Internet-telephone gear may reach $1 billion this year, the release said. Cisco ranked second in sales to companies of so-called Internet protocol telephony equipment in the second quarter of this year, with 23.4% of the industry's $726 million in total sales, says Synergy Research Group Inc.
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