Wi-Fi Alliance certifies Wi-Fi Direct products

Wi-Fi Alliance certifies Wi-Fi Direct products
(Telecompaper) The Wi-Fi Alliance has begun certifying products capable of making device-to-device connections, designating those products Wi-Fi certified Wi-Fi Direct. Wi-Fi Direct devices directly connect devices for applications such as content sharing, synching, printing, and gaming. Wi-Fi Direct-certified devices can connect with older Wi-Fi certified devices, enabling a vast range of devices already in use to connect with products implementing Wi-Fi Direct from the certification programme’s inception. Wi-Fi Direct devices include a push-button set up mechanism, employ the WPA2 security protections, and bring typical Wi-Fi throughput and range. Wi-Fi Direct-certified devices can support Wi-Fi certified technology as well as older forms of Wi-Fi. The first products to be designated Wi-Fi certified Wi-Fi Direct, and which form the test suite for the certification programme include Atheros XSPAN Dual-band 802.11n PCIe Mini Card (AR928x), Broadcom BCM43224 Dual-Band 802.11n 2×2 MIMO PCIe Half Mini Card, Intel Centrino Advanced-N 6200, Ralink MIMObility 802.11n 2×2 PCIe Half Mini Card, and Realtek RTL8192CE-VA4 HM92C00 PCIe mini card. In addition, the Cisco 2106 Wireless LAN Controller and Cisco Aironet 1240 Series Access Points are used in the certification test suite.[Lees verder]

Mail.ru sets price range for IPO
(Telecompaper) Russian internet company Mail.ru announced pricing for its upcoming initial public offering of shares on the London Stock Exchange. The company set a price range of USD 23.70-27.70 per GDR, implying an equity value for the group of USD 4.78-5.63 billion prior to the IPO and USD 4.86-5.71 billion after the issue of new shares. Trading under the ticker MAIL, each GDR will represent an interest in one ordinary share of the company. The offering includes 3.03 million new shares in the form of GDRs and a sale of 28.59 million shares by existing shareholders. This will represent a free float of 16 percent. The net proceeds will be used to by an additional 7.5 percent stake in Russian social network vKontakte for USD 112.5 million; this will take Mail.ru’s stake to 32.49 percent. The company is also purchasing an option to acquire an additional 7.5 percent equity stake in vKontakte over the next year. The company and the selling shareholders will grant the bookrunners an over-allotment option to acquire up to 3.16 million additional ordinary shares.[Lees verder]

CommScope gets takeover bid from Carlyle
(Telecompaper) CommScope announced that it’s in talks with The Carlyle Group on a possible takeover bid to take the network equipment maker private. Under the terms of the potential agreement, Carlyle would acquire CommScope for USD 31.50 per share in cash. CommScope noted that no agreement has been reached and there can be no assurance that any transaction will result from these discussions. The bid worth in total USD 2.6 billion offers a 36 percent premium on CommScope’s last share price.[Lees verder]

Garmin, Asustek to break up handset business – report
(Telecompaper) Asustek Computer will exit the Garmin-Asus business after the co-brand partnership expires in January 2011. Asustek will resume operations of its Asus-branded handset business instead, the Digitimes reports citing unnamed sources in Taiwan. The break-up will allow Asustek to develop handsets without location based services, offering the company more flexibility, and will allow Garmin to offer its navigation systems to other handset vendors. However, the companies will continue to cooperate on navigation software development.[Lees verder]

Wi-Fi Alliance certifies Wi-Fi Direct products
(Telecompaper) The Wi-Fi Alliance has begun certifying products capable of making device-to-device connections, designating those products Wi-Fi certified Wi-Fi Direct. Wi-Fi Direct devices directly connect devices for applications such as content sharing, synching, printing, and gaming. Wi-Fi Direct-certified devices can connect with older Wi-Fi certified devices, enabling a vast range of devices already in use to connect with products implementing Wi-Fi Direct from the certification programme’s inception. Wi-Fi Direct devices include a push-button set up mechanism, employ the WPA2 security protections, and bring typical Wi-Fi throughput and range. Wi-Fi Direct-certified devices can support Wi-Fi certified technology as well as older forms of Wi-Fi. The first products to be designated Wi-Fi certified Wi-Fi Direct, and which form the test suite for the certification programme include Atheros XSPAN Dual-band 802.11n PCIe Mini Card (AR928x), Broadcom BCM43224 Dual-Band 802.11n 2×2 MIMO PCIe Half Mini Card, Intel Centrino Advanced-N 6200, Ralink MIMObility 802.11n 2×2 PCIe Half Mini Card, and Realtek RTL8192CE-VA4 HM92C00 PCIe mini card. In addition, the Cisco 2106 Wireless LAN Controller and Cisco Aironet 1240 Series Access Points are used in the certification test suite.[Lees verder]

Mail.ru sets price range for IPO
(Telecompaper) Russian internet company Mail.ru announced pricing for its upcoming initial public offering of shares on the London Stock Exchange. The company set a price range of USD 23.70-27.70 per GDR, implying an equity value for the group of USD 4.78-5.63 billion prior to the IPO and USD 4.86-5.71 billion after the issue of new shares. Trading under the ticker MAIL, each GDR will represent an interest in one ordinary share of the company. The offering includes 3.03 million new shares in the form of GDRs and a sale of 28.59 million shares by existing shareholders. This will represent a free float of 16 percent. The net proceeds will be used to by an additional 7.5 percent stake in Russian social network vKontakte for USD 112.5 million; this will take Mail.ru’s stake to 32.49 percent. The company is also purchasing an option to acquire an additional 7.5 percent equity stake in vKontakte over the next year. The company and the selling shareholders will grant the bookrunners an over-allotment option to acquire up to 3.16 million additional ordinary shares.[Lees verder]

CommScope gets takeover bid from Carlyle
(Telecompaper) CommScope announced that it’s in talks with The Carlyle Group on a possible takeover bid to take the network equipment maker private. Under the terms of the potential agreement, Carlyle would acquire CommScope for USD 31.50 per share in cash. CommScope noted that no agreement has been reached and there can be no assurance that any transaction will result from these discussions. The bid worth in total USD 2.6 billion offers a 36 percent premium on CommScope’s last share price.[Lees verder]

Garmin, Asustek to break up handset business – report
(Telecompaper) Asustek Computer will exit the Garmin-Asus business after the co-brand partnership expires in January 2011. Asustek will resume operations of its Asus-branded handset business instead, the Digitimes reports citing unnamed sources in Taiwan. The break-up will allow Asustek to develop handsets without location based services, offering the company more flexibility, and will allow Garmin to offer its navigation systems to other handset vendors. However, the companies will continue to cooperate on navigation software development.[Lees verder]

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