|
InfoSpace Adds SS7 Network-Based SMS and Wireless Streaming Audio Services with Acquisition of GiantBear, Inc. Business Editors & Technology Writers BELLEVUE, Wash.--(BUSINESS WIRE)--Jan. 9, 2002-- New technologies enhance usability and extend reach of InfoSpace`s wireless services InfoSpace, Inc. (Nasdaq:INSP), a provider of wireless and Internet software and application services, today announced the company has acquired substantially all of the assets of GiantBear, Inc., a wireless technology and service provider. The acquisition expands InfoSpace`s wireless solutions offering with new technologies that provide InfoSpace customers with the ability to offer value-added multimedia information and entertainment services that are easier to access and can be deployed to a wider array of devices. The asset acquisition, a cash purchase that closed in Dec. 2001, also brings new customer relationships with wireless operators in the US and overseas. Terms were not disclosed. The acquired technologies include new SMS capabilities that make it faster and easier for wireless subscribers to instantly access personalized information by pressing just a few keys. To request information, a user need only press the "pound" key twice followed by a pre-configured number then press "send." Within seconds, an SMS message containing the requested information will be delivered to the user`s mobile device. For example, a user could press "pound-pound-one" for the latest traffic reports or "pound-pound-two" to receive personalized stock quotes or sports scores. This innovative "pound-pound" technology uses the existing global SS7 network standard as an input mechanism, allowing the delivery of services to any digital wireless device, even handsets that are not WAP or two-way SMS capable. The SS7 network is the architecture used by carriers to exchange standardized information over their digital signaling networks, enabling basic functions such as call setup, subscriber authentication, presence, roaming and call routing, among others. In addition, Streaming Wireless Audio Technology enhances InfoSpace`s wireless entertainment services, and extends their reach to include even analog wireless phones. This service offers users anytime, anywhere access to personalized, Internet-based streaming multimedia over the voice channel of their mobile handset. Sources can include any Internet-based streaming audio such as live and pre-recorded news and radio, personal music sources and more. "The GiantBear acquisition provides our customers with innovative new technologies designed to help drive usage of data services and brings to InfoSpace new customer relationships and some great people," said Jan Claesson, executive vice president of wireless for InfoSpace. "Our combined resources strengthen our commitment to our customers and the wireless market by providing new innovative solutions that enable the delivery of value-added services that are personalized, easy to use and can be deployed over both current and next generation networks." InfoSpace also announced today that Peter Currie, a director of InfoSpace since 1998, has resigned from the company`s board of directors. It was publicly announced yesterday that Mr. Currie, a partner of the Barksdale Group, will join General Atlantic Partners, a Greenwich, CT.-based private equity group, as a partner. InfoSpace had recently announced the addition of Gen. Richard D. Hearney, a highly decorated retired Marine Corps officer and former vice president of Military Aircraft and Missile Systems Group for the Boeing Company, to its board of directors. |
|
| aus der Diskussion: | InfoSpace-(charttechnische Betrachtung) |
| Autor (Datum des Eintrages): | jli (09.01.02 15:34:50) |
| Beitrag: | 60 von 7,020 (ID:5292714) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |