/javascript" src="../static/js/analytics.js"> CalTrade Report - NOKIA TO BUY CAL MESSAGING COMPANY California, CalTrade Report, Nokia, Intellisync, California global, telecommunications, cellphones, California international - NOKIA TO BUY CAL MESSAGING COMPANY - CalTrade ReportAsia Quake Victims SAN JOSE – 11/28/05 – Wireless messaging firm Intellisync Inc. will reportedly be acquired by mobile telecom giant Nokia in a move expected to boost the Finnish company’s position in the corporate mobile e-mail market; Nokia values the acquisition at about $430 million and says that it expects to complete the takeover in the first quarter of 2006. - SAN JOSE – 11/28/05 – Wireless messaging firm Intellisync Inc. will reportedly be acquired by mobile telecom giant Nokia in a move expected to boost the Finnish company’s position in the corporate mobile e-mail market; Nokia values the acquisition at about $430 million and says that it expects to complete the takeover in the first quarter of 2006. - NOKIA TO BUY CAL MESSAGING COMPANY California, CalTrade Report, Nokia, Intellisync, California global, telecommunications, cellphones, California international - NOKIA TO BUY CAL MESSAGING COMPANY

Saturday, October 28, 2006

 

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Page Two

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NOKIA TO BUY CAL MESSAGING COMPANY

SAN JOSE - 11/28/05 - Wireless messaging and e-mail management firm Intellisync Inc. will reportedly be acquired by mobile telecom giant Nokia to boost the Finnish company's position in the corporate mobile e-mail market.

Nokia - the world's largest cell-phone maker - said in a public statement that the deal would give it "a stronger line-up of products and services for business mobile e-mail, as well as a broader base of customers."

The Finnish firm said it would pay about $430 million for the California-based company and that it expects to complete the takeover sometime in the first quarter of next year.

Analysts said the deal was small but strategically important for Nokia as it aims to sell more phones to business users who want to be able to use e-mail on the move.

Nokia launched a system earlier this year designed to allow workers at almost any level to send and receive e-mail from their handsets, intended to make it more cost-effective and possible on a wider range of phones.

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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