Feeds

NextWave buys IPWireless

But is the next wave TDD or WiMAX?

Security for virtualized datacentres

Mobile communications company NextWave Inc is to buy IP Wireless for $100m in cash and shares, paying another $114m over the next few years if revenue milestones are reached.

The initial payment will be $25m in cash and $75m in stock. The remaining $114m will also be a combination of stock and cash, with $50m chunks due at the end of 2007 and in 2010, with the rest payable in 2008 and 2009.

Privately-held firm IPWireless is headquartered in San Bruno, California, with research and development facilities in the UK. It specialises in the use of time-division-duplex (TDD) 3G spectrum and has customers all over the world using its technology.

In many countries, however, TDD is virtually unused - in the UK every operator except Vodafone paid for such spectrum during the 3G auctions, and no one is using it for anything yet - a factor which has encouraged IPWireless to spread into areas such as MBMS (a technology that utilises TDD spectrum for TV broadcasting). The company trialled the technology in Bristol recently.

NextWave's experience is in WiMAX and Wi-Fi, though it also owns PacketVideo - a company providing video distribution and management systems for consumer video to phone handsets using data networks.

IPWireless will continue to operate as an independent company, with one of the founders becoming chief executive, but the new parent will have an influence on the company's direction.

NextWave Wireless chairman and chief executive officer Allen Salmasi said: "IPWireless and NextWave will work together to expand IPWireless' product portfolio to incorporate WiMAX and/or Wi-Fi technologies for those service providers and equipment vendors that require such solutions."

The deal is expected to close in the second quarter of 2007, subject to regulatory approval. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
It's Big, it's Blue... it's simply FABLESS! IBM's chip-free future
Or why the reversal of globalisation ain't gonna 'appen
IBM storage revenues sink: 'We are disappointed,' says CEO
Time to put the storage biz up for sale?
'Hmm, why CAN'T I run a water pipe through that rack of media servers?'
Leaving Las Vegas for Armenia kludging and Dubai dune bashing
Microsoft and Dell’s cloud in a box: Instant Azure for the data centre
A less painful way to run Microsoft’s private cloud
Facebook slurps 'paste sites' for STOLEN passwords, sprinkles on hash and salt
Zuck's ad empire DOESN'T see details in plain text. Phew!
Windows 10: Forget Cloudobile, put Security and Privacy First
But - dammit - It would be insane to say 'don't collect, because NSA'
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.