Successful Exits
Please view our successful exits listed according to market segment:
Wireless Components & Devices
AirPrime, a leading provider of high-speed CDMA (Code Division Multiple Access) wireless data and voice products, was acquired by Sierra Wireless, Inc. in August of 2003. Sierra Wireless develops and markets wireless PC cards for portable computers as well as embedded modules for OEM wireless applications. www.sierrawireless.com
GTRAN Wireless, a global leader in deploying CDMA and GSM data cards and module products for multimedia internet access applications, was acquired by Flextronics in 2004. www.flextronics.com
Handspring, a leading manufacturer of PDA, personal communications and handheld computing devices, was acquired by Palm, Inc. in the Fall of 2003. The company develops, manufactures and markets a variety of devices that utilizes the Palm operating system. www.palmOne.com
RF Micro Devices, Inc., designs, develops, manufactures and markets proprietary radio frequency integrated circuits (RFICs) primarily for wireless communications products and applications such as cellular and PCS phones, base stations, wireless LANs, and cable television modems. www.rfmd.com
TechFaith Wireless: was founded in 2002 and is an original design product (ODP) company based in Beijing, China. The company specializes in the research, design and development of cell phone solutions for OEM's located around the world. TechFaith Wireless went public with an IPO (NASDAQ: CNTF ) in May 2005. www.techfaithwireless.com
Infrastructure
Airvana builds Radio Access Network (RAN) infrastructure based on the CDMA2000 1xEV-DO standard and an All-IP architecture. Formed in March 2000, Airvana currently has a team of over 200 professionals and has some of the world’s largest CDMA operators and infrastructure OEM’s as its customers. Airvana went public with an IPO on July 19th, 2007 www.airvananet.com
Spatial Wireless is a leader in cost-effective, software-based and multi-standard distributed mobile switching solutions. Its flagship product (Spatial Atrium™, now Alcatel 5020 Spatial Atrium Softswitch) is a multi-standard and field proven mobile softswitch that controls distributed media gateways and manages call/session control for voice and data services. Spatial Wireless was acquired by Alcatel (NYSE: ALA) in December, 2004. www.spatialwireless.com
Applications, Software and Services
Bitfone provides mobile device management software to wireless operators and device manufacturers. Bitfone’s SmartCare, mProve and MVP products improve the usability of mobile phones by diagnosing and repairing problems and delivering software updates and configurations settings over the air, significantly reducing customer service and warranty costs while increasing subscriber satisfaction. Bitfone was acquired by Hewlett Packard in 2006. www.bitfone.com
Enorbus is a premier provider of wireless entertainment services and applications in China. Enorbus delivers wireless games and entertainment services over BREW, Java, WAP, and SMS to Chinese wireless subscribers. Enorbus has extensive internal product development and design capabilities, and also offers a platform for foreign content partners to access Chinese subscribers. Enorbus was acquired by the Walt Disney Corporation in 2007 www.enorbus.com
HAHT Commerce is a leading provider of demand chain management applications that integrate and automate order management, product & brand information management, channel management, business intelligence and customer services between manufacturers, their channel partners and customers. HAHT Commerce was acquired by Global eXchange Services (GXS), a leading provider of B2B integrated solutions in February, 2004. www.gxs.com
JAMDAT Mobile is a global publisher of wireless entertainment applications, including games, ringtones and images. JAMDAT provides entertainment applications and technologies that support multiple wireless handset platforms in markets around the world. Offering a combination of creative and technological expertise, JAMDAT is a preferred mobile entertainment partner for wireless carriers, handset manufacturers, major media companies, and independent content developers. JAMDAT went public with an IPO in September 2004. www.jamdat.com
M7 Networks provides solutions and services for the creation and management of intelligent mobile communities. M7 connects wireless operators, content providers and end users around a wide range of data-related content such as games and other multiplayer applications. M7’s services provide a foundation for increased customer loyalty, enhance end user experience and help generate incremental revenue streams. M7 Networks was acquired by Motricity in August, 2005. www.motricity.com
Openwave is a leading independent provider of open software products and services for the communications industry, including wireless operators, broadband providers and device manufacturers worldwide. Over 51 device manufacturers have licensed Openwave’s Mobile browser and over 900 million handsets have shipped with Openwave’s software installed on them. Phone.com merged with Software.com in 2000, forming Openwave Systems, Inc. www.openwave.com
PayPal’s service builds on the existing financial infrastructure of bank accounts and credit cards and utilizes the world’s most advanced proprietary systems to create a safe, global real-time payment solution. PayPal has over 71 million account members worldwide in 56 countries. PayPal (NASDAQ: PYPL) was acquired by Ebay (NASDAQ: EBAY) in October 2002. www.paypal.com
Iridigm Display Corporation has developed a revolutionary new reflective color flat panel display technology that is vastly superior in image quality, power consumption, performance and cost to existing LCDs. These displays enable much longer battery life and viewability in any lighting condition. Qualcomm Inc. acquired Iridigm in September, 2004 and has since formed a new division called Qualcomm MEMS Technology (QMT) that will focus on bringing this innovative technology to the market. www.qualcomm.com/qmt
PacketVideo is a provider of MPEG-4 compliant products designed to support the diverse requirements of content owners, carriers, and device makers seeking to enable both business-to-business and consumer wireless multimedia access. PacketVideo was acquired by Nextwave Wireless in 2005 www.packetvideo.com
