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Multiband Corporation ( MBND ) |
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High Tech
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Written by Editor
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Wednesday, 22 May 2013 07:40 |
Goodman Networks to Acquire Multiband
Goodman Networks Incorporated, a privately held leader in the design, engineering, deployment, integration and maintenance of wireless telecommunication networks, and Multiband Corporation, (MBND), a leading Home Service Provider (HSP) for DIRECTV and the nation's largest DIRECTV Master System Operator (MSO) for Multiple Dwelling Units (MDUs), today jointly announced that they have signed a definitive merger agreement, pursuant to which Goodman Networks will acquire Multiband.
Under the terms of the agreement, Goodman Networks will pay $3.25 per Multiband common share, redeem all of Multiband's outstanding preferred stock and repay Multiband's outstanding bank indebtedness in an all cash transaction totaling approximately $116 million.
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Pointer Telocation Ltd ( PNTR ) |
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High Tech
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Written by Editor
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Monday, 13 May 2013 10:07 |
Pointer Telocation Reports Q1 2013 Financial Results
- Revenues of $22.1 million
- Adjusted EBITDA - $2.8 million in Q1 2013
- Non-GAAP net income of $1.8 million in Q1 2013
Pointer Telocation Ltd. (Nasdaq CM: PNTR) - a leading developer, manufacturer and operator of Mobile Resource Management (MRM) and roadside assistance services for the automotive industry, announced today its financial results for the first quarter of 2013.
Financial Highlights
Revenues: Pointer's revenues for the first quarter of 2013 increased 2% to $22.1 million as compared to $21.6 million in the first quarter of 2012.
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RADCOM Ltd ( RDCM ) |
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High Tech
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Written by Editor
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Friday, 03 May 2013 07:22 |
RADCOM Wins a Multimillion Dollar LTE Deal
Sixth LTE Deal Recently
RADCOM Ltd. (RDCM), a leading service assurance provider, today announced the initial phase of a multi-million dollar, multi-year deal with a Tier 1 Asian operator.
RADCOM's end-to-end LTE monitoring solution will provide service assurance for one of the largest planned LTE deployments in the world. This is the sixth LTE contract RADCOM has entered recently; thus positioning RADCOM as a leader in the rapidly developing market for LTE monitoring and service assurance solutions.
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Redline Communications ( RDL ) |
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High Tech
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Written by Editor
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Tuesday, 30 April 2013 10:18 |
Redline Communications Lands First Wireless Digital Oil Field Project in South America
-- Deal with Major South American Oil Producer Expands Redline's Global Footprint--
Redline Communications (www.rdlcom.com Group Inc. TSX: RDL), a leading provider of broadband wireless solutions for machine-to-machine (M2M) communications, today announced that their rugged industrial wireless system was chosen to create a wireless infrastructure for a major oil producer in South America.
As in other parts of the world, the oil & gas industry in South America has turned to Enhanced Oil Recovery (EOR) techniques to increase production, safety, and to reduce the environmental impact in their mature oil fields.
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Infinera Corporation ( INFN ) |
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High Tech
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Written by Editor
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Thursday, 25 April 2013 09:55 |
Infinera Corporation Reports First Quarter 2013 Financial Results
Infinera Corporation (NASDAQ: INFN), a leading provider of digital optical communications systems, today released financial results for the first quarter ended March 30, 2013.
GAAP revenues for the first quarter of 2013 were $124.6 million compared to $128.1 million in the fourth quarter of 2012 and $104.7 million in the first quarter of 2012.
GAAP gross margin for the first quarter of 2013 was 34% compared to 34% in the fourth quarter of 2012 and 39% in the first quarter of 2012. GAAP net loss for the quarter was $(15.3) million, or $(0.13) per share, compared to net loss of $(16.1) million, or $(0.14) per share, in the fourth quarter of 2012 and net loss of $(20.6) million, or $(0.19) per share, in the first quarter of 2012.
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