Qualcomm, CalTrade Report, California, Trigenix Ltd., semiconductors - QUALCOMM ACQUIRES BRITISH MULTIMEDIA FIRM - CalTrade ReportAsia Quake Victims SAN DIEGO – Qualcomm Inc. has reportedly acquired Trigenix, a UK-based multimedia software developer, in a deal worth $36 million in cash. - SAN DIEGO – Qualcomm Inc. has reportedly acquired Trigenix, a UK-based multimedia software developer, in a deal worth $36 million in cash. - QUALCOMM ACQUIRES BRITISH MULTIMEDIA FIRM Qualcomm, CalTrade Report, California, Trigenix Ltd., semiconductors - QUALCOMM ACQUIRES BRITISH MULTIMEDIA FIRM

Saturday, October 28, 2006

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QUALCOMM ACQUIRES BRITISH MULTIMEDIA FIRM

SAN DIEGO - Qualcomm Inc. has reportedly acquired Trigenix, a UK-based multimedia software developer, in a deal worth $36 million in cash.

Trigenix was founded in 2000 and sells software that allows handset makers, mobile operators, developers and phone users to easily brand, customize and personalize the screens on mobile phones.

Qualcomm invented the Code Division Multiple Access (CDMA) standard for mobile phones popular in the Americas and buying Trigenix will boost its influence in Europe, according to industry observers.

The British company, headquartered in Cambridge, has been working with Qualcomm since June on interface software that works with the US company's own BREW software platform.

BREW provides a software environment for handsets that includes the ability to make micro-payments and is utilized by a number of commercial wireless data service providers including Verizon Wireless; Alaska Communication Systems; ALLTEL; Cellular One; and Cellular South in the US.

Overseas clients include Bermuda Digital Communications; China Unicom; KDDI in Japan; KTF in South Korea; Iusacell in Mexico; Tata in India; Telstra in Australia; VIVO in Brazil; BellSouth Chile; Movilnet in Venezuela; Pelephone in Israel; and Zapp in Romania.

Go back, or read the latest Page Two stories:

MEXICO LIFTS CALIFORNIA LETTUCE BAN

MEXICO CITY, Mexico – 10/20/06 – The weeks-old ban on California lettuce shipments to Mexico has been lifted after US Department of Agriculture tests for the E. coli bacteria proved negative; California is the country’s leading producer of lettuce with an estimated 70-75% of the total US production of iceberg lettuce and between 80-85% of the leaf lettuce.


NAPSTER ENTERS THE JAPANESE MARKET

LOS ANGELES – 10/16/06 – Napster, the digital music service provider, has entered the Japanese market with the introduction of a new subscription model that allows subscribers, who until now acquired digital music by paying for each track and album individually; currently, Japan is largest music market in the world outside of the US.


GUESS? IN NEW MEXICAN JV

SAN FRANCISCO – 09/29/06 – Fashion marketer Guess? has inked a manufacturing and marketing joint venture agreement with Mexico’s Grupo Axo; the Mexico City-based company will engage in the production, wholesale distribution and retail sale of Guess? fashion apparel, accessories and other related products throughout the country.


GOOGLE BELGIUM TAKEN TO COURT

BRUSSELS, Belgium – 09/20/06 – Internet search engine Google has been ordered to cease reproducing articles from French-language publications in the news sections of its Belgian website; the court order threatens the company with a fine of $1.3 million daily if it does not comply.


NEW OAKLAND INTERMODAL FACILITY PLANNED

OAKLAND – 09/11/06 – The 425-acre former Oakland Army Base will be converted into the Port of Oakland’s newest intermodal rail yard under the terms of an agreement reached between the port and several local and state government agencies; the planned OHIT – or Outer Harbor Intermodal Terminal – is expected to significantly reduce container transfer times, increase throughput, and reduce truck traffic in and around the port when completed within the next several years.


INTEL MAY LAYOFF THOUSANDS

SANTA CLARA – 09/04/06 – Chipmaker Intel is reportedly planning to announce a massive layoff within weeks that could eliminate as many as 10,000 jobs or one-tenth of the company’s total global workforce; the move was spurred by several financially disappointing quarters and the results of an internal corporate analysis conducted in April.





 


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