| Mon, Jun 01, 2009 |
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E-Book Display Tech Firm E Ink Bought By Taiwanese Company For $215 Million
The future of e-book readers, at least most of them on the market today, now lies with a Taiwanese company: E Ink, the high-resolution e-paper display technology provider, which is used by Amazon (NSDQ: AMZN) Kindle, Sony (NYSE: SNE) Readers and upcoming Plastic Logic’s e-reader, has been bought by Prime View International, based in Taiwan. The price: $215 million. The deal, if approved, is expected to close by October. PVI already makes the screens for Kindle and Reader, and touts itself as the largest maker of e-paper display modules. This new acquisition gives the company a lot of heft in this still nascent market; E Ink and PVI currently support nearly 20 e-book manufacturers worldwide, the companies said. In 2005, PVI acquired the e-paper business of Philips Electronics (NYSE: PHG).
E Ink sales were $18 million in the first quarter of 2009, up 157 percent over the same quarter in 2008. E Ink will remain headquartered in Cambridge, Mass. and plans to expand its employee base from 127 to 150 people during 2009, it said. It has raised about $150 million since 1997, with investors such as Intel (NSDQ: INTC), Motorola (NYSE: MOT), Philips, Hearst Interactive Media, and Japan’s TOPPAN Printing; this exit means a modest gain for the investors.
More details in release.
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paidContent.org
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| Wed, May 27, 2009 |
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Mobile Agency Bluestar Sells To Germany’s Yoc
It seems M&A in the mobile marketing space are like London buses - you wait for ages, then two come along at once. No sooner had mobile interactivity vendor Upstream announced it’s raised €11 million this morning, now mobile agency Bluestar Mobile has confirmed it’s selling to Germany’s YOC Group.
Bluestar has built mobile websites for Sun Online, Mirror.co.uk and Times Online, plus British Airways’ London city guide app and marketing for Motorola (NYSE: MOT) amongst its client work.
Berlin-based Yoc - which already does mobile shopping coupons, consumer research, marketing and content production - says it’s doing the acquisition to build up its UK presence
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paidContent:UK
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Mobile Agency Bluestar Sells To Germany’s Yoc
It seems M&A in the mobile marketing space are like London buses - you wait for ages, then two come along at once. No sooner had mobile interactivity vendor Upstream announced it’s raised €11 million this morning, now mobile agency Bluestar Mobile has confirmed it’s selling to Germany’s YOC Group.
Bluestar has built mobile websites for Sun Online, Mirror.co.uk and Times Online, plus British Airways’ London city guide app and marketing for Motorola (NYSE: MOT) amongst its client work.
Berlin-based Yoc - which already does mobile shopping coupons, consumer research, marketing and content production - says it’s doing the acquisition to build up its UK presence
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paidContent:UK
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| Wed, Apr 29, 2009 |
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From Boardroom To Courtroom: A Retrospective Of The Motorola/Paul Liska Affair
Today, ex-Motorola (NYSE: MOT) CFO Paul Liska accused his former employer of launching a smear campaign against him. Well, yes, Paul, that tends to happen when you file a wrongful termination suit against a multinational corporation. Let’s take a look back at the tortured history of these two.
Feb. 22, 2008
Liska takes over Motorola CFO duties from Tom Meredith (NYSE: MDP) as company’s handset sales slump. His mandate is clear: boost sales.
Industry Moves: Motorola Appoints Paul Liska CFO
Feb. 3, 2009
Almost a full year later, the handsets still aren’t selling. The company reports a fourth-quarter loss of $3.6 billion, and Liska announces he’s leaving the sinking ship.
Earnings: Motorola Posts $3.6 Billion Loss; Mobile Devices Sales Plummet
Much more, after the jump
March 5, 2009
... or was he pushed? Liksa files a wrongful termination suit against Motorola, claiming he was “involuntarily terminated for cause.” Also, he’s forced to return his $400,000 signing bonus. Double ouch.
Fired For Cause? Ex Motorola CFO Liska Sues Handset Maker
March 9, 2009
The plot thickens: Motorola claims that Liska is, in fact, a whistle blower! Dun-dun-duuun!
Fired Motorola CFO Liska Strikes Back; Was He A Whistleblower?
April 9, 2009
A month later, Motorola continues to pile on the claims against Liska, trying to counterbalance his suit. The company calls him “treasonous” and accuses him of trying to extort money.
Motorola Calls Former CFO a ‘Treacherous Officer’ Who Plotted Whistle-blower Defense
April 10, 2009
Sealed documents from the case start to leak out, and apparently, Liska was claiming that Motorola’s co-CEOs—Sanjay Jha and Greg Brown—were knowingly misstating sales forecasts.
Motorola’s Former CFO Alleges Company Misstated Financial Forecasts
April 13, 2009
Two analysts, asked how Liska’s claims would affect Motorola’s financials, conclude: not a whit.
Analyst Says Motorola’s Spat With Former CFO ‘Likely Ends With Little To No Impact To Motorola’
April 16, 2009
Motorola fires back with a new claim—- that Liska knowingly erased his company laptop’s hard drive.
Motorola Accuses Ex-CFO Liska Of Destroying Evidence
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paidContent.org
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From Boardroom To Courtroom: A Retrospective Of The Motorola/Paul Liska Affair
Today, ex-Motorola (NYSE: MOT) CEO Paul Liska accused his former employer of launching a smear campaign against him. Well, yes, Paul, that tends to happen when you file a wrongful termination suit against a multinational corporation. Let’s take a look back at the tortured history of these two.
Feb. 22, 2008
Liska takes over Motorola CFO duties from Tom Meredith (NYSE: MDP) as company’s handset sales slump. His mandate is clear: boost sales.
Industry Moves: Motorola Appoints Paul Liska CFO
Feb. 3, 2009
Almost a full year later, the handsets still aren’t selling. The company reports a fourth-quarter loss of $3.6 billion, and Liska announces he’s leaving the sinking ship.
Earnings: Motorola Posts $3.6 Billion Loss; Mobile Devices Sales Plummet
Much more, after the jump
March 5, 2009
... or was he pushed? Liksa files a wrongful termination suit against Motorola, claiming he was “involuntarily terminated for cause.” Also, he’s forced to return his $400,000 signing bonus. Double ouch.
Fired For Cause? Ex Motorola CFO Liska Sues Handset Maker
March 9, 2009
The plot thickens: Motorola claims that Liska is, in fact, a whistle blower! Dun-dun-duuun!
Fired Motorola CFO Liska Strikes Back; Was He A Whistleblower?
April 9, 2009
A month later, Motorola continues to pile on the claims against Liska, trying to counterbalance his suit. The company calls him “treasonous” and accuses him of trying to extort money.
Motorola Calls Former CFO a ‘Treacherous Officer’ Who Plotted Whistle-blower Defense
April 10, 2009
Sealed documents from the case start to leak out, and apparently, Liska was claiming that Motorola’s co-CEOs—Sanjay Jha and Greg Brown—were knowingly misstating sales forecasts.
Motorola’s Former CFO Alleges Company Misstated Financial Forecasts
April 13, 2009
Two analysts, asked how Liska’s claims would affect Motorola’s financials, conclude: not a whit.
Analyst Says Motorola’s Spat With Former CFO ‘Likely Ends With Little To No Impact To Motorola’
April 16, 2009
Motorola fires back with a new claim—- that Liska knowingly erased his company laptop’s hard drive.
Motorola Accuses Ex-CFO Liska Of Destroying Evidence
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