 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
Indian firm buys Finnish wireless company for 46.1 million dlrs
Bangalore, India (AFP) Jul 26, 2006 An Indian technology firm said Wednesday it has acquired a Finnish wireless company, Botnia Hightech Oy, in an all-cash deal worth 35.5 million euros (46.15 million dollars). Sasken Communications Technologies said it acquired Botnia which provides wireless research and development and testing services to mobile handset vendors. The Finnish firm, with 230 employees, clocked revenues of 17.7 million euros in the last financial year to April 2006. The acquisition helps Sasken to have a presence in Finland. The Indian firm has global development centers in Mexico, China and in India. "Integration planning will start immediately," said Rajiv Mody, chairman of Sasken. "A joint team has been identified to work on various aspects of the integration process," he said. Community Email This Article Comment On This Article Related Links All about the technology of space and more
Taiwan AU Optronics posts sharp fall in profits in second quarter
Taipei (AFP) Jul 25, 2006 AU Optronics Corp, the world's third biggest flat-panel maker, posted Tuesday a sharp fall in net profits in the three months to June as competition kept the pressure on prices. |
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement |
