Pegasus Wireless has acquired Taiwan's SKI Technologies, giving the California solutions producer a manufacturing and distribution outlet in Asia.
The stock-and-cash transaction sets the stage for California-based Pegasus' ultimate goal, which is bringing its line of wireless products to the retail level without the need for contract manufacturing, officials said.
"SKI is dedicated to continually improving the manufacturing process by supplying the most competitive product at the lowest cost possible, and by selecting them as the element that concludes our strategic acquisitions, we are confident that we can now focus our efforts on the organic growth of Pegasus Wireless as a united entity," Pegasus President Jasper Knabb said in a statement Thursday.
SKI was established in 2001 as an ISO-9001 certified producer of fiber cables, base stations and wireless local area network products. The company has commercial ties with major Taiwan energy companies and local university research centers.
Copyright 2006 by United Press International
Related stories:
Briefs: Pegasus buys China wireless manufacturer
Pegasus Wireless took another step in its globalization plan Friday by taking controlling interest in Chinese wireless manufacturer CNet Technology.
Intel CTO Says Gap between Humans, Machines will Close by 2050
Intel Corporation's chief technology officer took a fascinating look at how technology will bring man and machine much closer together by 2050.
Intel Outlines Plans for New Category of Smarter, Purpose-Built 'System on Chip' Designs
As Internet access continues to be added to all kinds of computers and devices, Intel executives outlined a plan to use its chip design expertise, factory capacity, advanced manufacturing techniques and the economics of Moore's Law to usher in a new category of highly integrated, purpose-built and Web-savvy System on Chip (SoC) designs and products. The company also unveiled its first eight such products under its Intel EP80579 Integrated Processor family for security, storage, communications, and industrial robotics.
New Intel-Based Laptops Advance All Facets of Notebook PCs
Intel Corporation unveiled its Intel Centrino 2 Processor Technology products for laptops today, powered by five new Intel Core2 Duo processors. Close to 250 innovative consumer and business notebook PC designs are on the way, including those equipped with the right combination of powerful processors, graphics and battery life to enjoy viewing stunning high definition videos and myriad other computer and Internet activities.
Tufts to develop morphing 'chemical robots'
Tufts University has received federal funding to develop chemical robots that will be able to squeeze into spaces as tiny as 1 centimeter, then morph into something 10 times larger, and ultimately biodegrade. The "chembots" could access urban environments, tunnels, caves and debris fields, and carry out other risky operations in complex environments.
Taiwan says pioneering WiMAX points way to the future
Residents in Taipei have been able to access wireless mobile Internet services in much of the city since a programme launched by former mayor Ma Ying-jeou was completed in 2006. However, users were frequently frustrated by glitches while surfing online.
Intel Introduces New Atom Processors for Mobile Internet Devices
Intel Corporation today introduced five new Intel Atom processors and Intel Centrino Atom processor technology for Mobile Internet Devices (MIDs) and embedded computing solutions.
Softphone is a Squeezable Concept
At first glance, Qian Jiang's Softphone looks more like a mini trampoline than a cell phone. It doesn´t flip or slide to open, but rather it has that nerf type of appeal that just begs to be squeezed - which is just what you´re supposed to do.