Appointments & Business

Intel to Acquire Infineon's Wireless Solutions Business

Intel has entered into an agreement with Infineon Technologies AG to acquire the company's Wireless Solutions (WLS) business for US$1.4 billion.

Christine Persaud Published: 08/31/2010 08:31:51 AM UTC

 

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CRTC Says Incumbent Telco/Cable ISPs Must Give Smaller Firms Access to Same Speeds

n a ruling that will please small Internet Service Providers (ISPs) and frustrate large incumbent providers, the CRTC has decided that not only do large firms need to give small players access to their Internet networks; but they must also provide small competitors with access to the same blazing fast speeds offered to their own customers.

Christine Persaud Published: 08/30/2010 03:56:33 PM UTC

Knoll Systems Appoints V.P. of Sales & Marketing

Knoll Systems, a Canadian manufacturer of A/V components based in Vancouver, BC, has announced the appointment of Clayton White to the position of Vice President, Sales & Marketing.

Christine Persaud Published: 08/30/2010 08:00:02 AM UTC

Dell & HP In Bidding War to Buy Storage Company 3PAR

For the past two weeks, Dell and HP have been in a bidding war to acquire utility storage company 3PAR. And things continue to heat up: Dell raised its purchase price to US$27 per share yesterday, but just this morning, HP surpassed that by offering US$30 per share.

Christine Persaud Published: 08/27/2010 09:32:46 AM UTC

RIM Releases Statement Regarding BlackBerry in India

Research in Motion (RIM) has released a statement with regards to the situation in India and concerns the Government there has with encryptions technology in BlackBerry smartphones.

Christine Persaud Published: 08/26/2010 03:06:15 PM UTC

OBITUARY: Dennis Fralick, King's Stereo/The Power Centre

Marketnews is saddened to announce the passing of Dennis Fralick, a long-time industry member who was most recently working at The Power Centre, but spent several decades at King's Stereo in Thunder Bay, ON. He was 58.

Christine Persaud Published: 08/26/2010 12:22:55 PM UTC

EXCLUSIVE! Future Shop Debuts its Own Shopping App

The mobile apps market has been going strong ever since the first iPhone hit the streets. But of all the thousands of apps created, retailer apps seem to be low down on the list of availability. But for the past few weeks, Marketnews has had the chance to exclusively test out Future Shop's first foray into the app world.

Christine Persaud Published: 08/20/2010 09:18:16 AM UTC

Intel Purchases McAfee for US$7.68 Billion

Intel has agreed to purchase of all of McAfee's common stock for US$48 per share in cash, which works out to a whopping $7.68 billion.

Robert Franner Published: 08/19/2010 04:16:43 PM UTC

Best Buy Canada Appoints V.P., Marketing & Communications

Best Buy Canada Ltd. has announced the appointment of Angela Scardillo to the position of Vice President, Marketing & Communications.

Christine Persaud Published: 08/19/2010 07:30:01 AM UTC

Glentel Sets Up Shop in the U.S. for US$50.45M

In a move we don't see as often as its reverse, Canadian wireless retailer Glentel Inc., which owns and operates retailers under the Glentel Wireless, WirelessWave, The Telephone Booth (Tbooth and la cabine T), and WIRELESS etc. names, has agreed to purchase U.S. retailer Diamond Wireless, LLC for US$50.45 million.

Christine Persaud Published: 08/18/2010 11:59:51 AM UTC

Clickfree Receives $15M in Funding

Storage Appliance Corp., parent company to the popular Clickfree brand of easy-to-use back-up drives, has confirmed that it will receive $15 million in new funding.

Christine Persaud Published: 08/17/2010 09:14:32 AM UTC

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