Issue #2003 - 17
ACQUISITIONS, MERGERS &
VC Investments in Wireless This Week
1. Visto Raises $30,300,000 [Mountain View, CA]
Visto is a provider of enterprise and carrier-mobility software and services.
INVESTORS: Allegis Capital, Blueprint Ventures, Draper Fisher Jurvetson, Oak Investment Partners, Rustic Canyon Group
2. Sandbridge Technologies Raises $19,500,000 in Second Round [White Plains, NY]
Sandbridge Technologies is a fabless semiconductor company working to develop broadband wireless chipsets for handheld devices.
INVESTORS: Atlas Venture, Bessemer Venture Partners, China Development Industrial Bank, Columbia Capital, Doughty Hanson, Infineon Ventures
3. Acoustic Technologies Raises $13,800,000 in Third Round [Mesa, AZ]
Acoustic Technologies creates semiconductor and software solutions.
INVESTORS: Signature Capital Management
4. Zandan Raises $4,000,000 in Third Round [Paris, France]
Zandan, formerly PagesWap, provides software and services for cell phone operators. It offers software for mobile management and consulting and service offerings such as I-mode, Java usage, and WAP 1.2.
INVESTORS: BNP Private Equity, CDC IXIS, Undisclosed
5. PointShot Wireless Raises Seed Financing Round [Canada]
PointShot Wireless develops wireless infrastructure solutions for Wi-Fi networks.
INVESTORS: Venture Coaches (Lead), Others
Source: Various press releases, especially Venture Reporter
For more information: http://www.venturereporter.com
MobileInfo Comments and Advisory: Investments
in a number of different sub-sectors within wireless industry -
Wi-Fi and broadband continue to attract attention. There is room
still in Wi-Fi but for niche products.
Note: This news release may contain
forward-looking statements within the meaning of section 27A of the
Securities Act of 1933 and section 21E of Securities Exchange act of
1934 in USA. Similar provisions exist in other countries. There is no
assurance that the stipulated plans of vendors will be implemented.
MobileInfo does not warrant the authenticity of the information.
Readers should take appropriate caution in developing plans utilizing
these products, services and technology architectures. All
trademarks used in this summary are the property of their respective