Federated Wireless, which has been working with industry leaders and federal agencies including the FCC and NASCTN on developing the standards for the sharing of the 3.5 GHz band, has introduced CINQ XP – a cloud-based network that will help carriers extend the allocation and management of spectrum, an important, finite resource.
CINQ XP will allow carriers to unlock the value of the 3.5 GHz band (called the Citizen’s Broadband Radio Service), enabling them to extend network coverage to secondary markets, including both indoor and outdoor locations. It will also facilitate the use of the company’s proprietary Spectrum Access System (SAS) once testing and certification are completed.
NQ Mobile Inc., a provider of mobile Internet services, announced it has entered into a legally binding agreement to sell 100 percent of the equity interest in Beijing Tianya Co., Ltd., which operates NQ Mobile’s mobile health applications related business, to Tack Fiori International Group Limited, a Cayman Islands company listed in Hong Kong, for an aggregate consideration of US$40 million, or the RMB equivalent, in cash. Beijing Tianya Co., Ltd. is a wholly owned subsidiary of Beijing NQ Technology Co., Ltd., NQ Mobile’s consolidated affiliated entity in China.
The Company’s board of directors has approved both the transaction and the Agreement. The closing of the transaction is subject to the condition that Tack Fiori obtains the necessary approvals, including shareholder approval, to complete the transaction, as well as additional customary closing conditions, and the satisfaction and compliance of all relevant requirements under the Rules Governing the Listing of Securities on the Hong Kong Stock Exchange Limited.
Zilog introduced its ZNEO32! family of 32-bit Cortex M3 microcontrollers, expanding its line of microcontroller products. The new Cortex M3 microcontrollers offer cost effective, high performance 32-bit computing capabilities. This family of MCUs provides 3-phase PWM generator units which are suitable for inverter motor drive systems.
The ZNEO32! family of products includes MCUs that are well suited for a variety of applications that require highly deterministic real-time applications, automotive systems, industrial control systems, wireless networking and sensors, and low power applications.
Motorola Solutions announced that it plans to voluntarily withdraw the listing of its common stock from the Chicago Stock Exchange. The company’s common stock will continue to be listed on the New York Stock Exchange (NYSE). The change will eliminate the duplicative costs of being listed on two stock exchanges.
