Archive for December 21st, 2012

Faberge egg in front of Coutts on the Strand, London

Faberge shareholders agree takeover by UK-based Gemfields

The shareholders of Cayman Islands-based luxury jeweller Faberge Limited have backed the company’s proposed acquisition by UK coloured gemstones miner Gemfields Plc (LON:GEM), the buyer said. The deal was agreed on 21 November with Faberge’s owner, UK-based private equity firm […]

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Oil rig off the Lagos coast

US-based ConocoPhilips sells Nigerian unit in $1.8bn deal

US oil major ConocoPhillips (NYSE:COP) said it would dispose of its Nigerian business unit to local energy group Oando Plc in a deal worth USD1.79bn (EUR1.4bn), as part

ViaSat gets $52 million Satcom contract for Airborne ISR

ViaSat Inc. (NASDAQ: VSAT) will provide broadband airborne satcom services for a US government customer under a contract award valued at $52 million.

The one year contract is a

Telkonet’s energy management technology expands EcoSmart sales force

Telkonet, Inc. (OTCBB: TKOI) said the company is expanding its EcoSmart Sales division as a result of increasing market demands for efficient energy management solutions and the escalating

Spare Backup completes test for hookup with Major International Telco

Spare Backup, Inc. (OTC: SPBU) said it has successfully completed the testing phase in preparation for the launch of Spare Mobile Backup and Security with a major international

Salon.com partners with The Wine Spies to launch wine of the day store

The Wine Spies (thewinespies.com) said it has launched an online wine store in partnership with Salon Media Group.

Each day, the store will feature one discounted wine offer that

Rex Healthcare deploys Aruba networks to enable key medical applications

Aruba Networks, Inc. (NASDAQ: ARUN) said that Rex Healthcare, a member of UNC Health Care in Raleigh, North Carolina, has deployed a wireless network based on the Aruba

PositiveID inks pact with Boeing

PositiveID Corp. (OTCBB: PSID) said it has entered into a license agreement and a teaming agreement with The Boeing Company, including a license fee to PositiveID of $2.5

PGi launches new stock repurchase program

PGi (NYSE: PGI) said its board of directors approved the repurchase of up to 5.0 million shares of the company's common stock, or nearly 11% of total shares

Novatel Wireless ships its 3-millionth 4G LTE device

Novatel Wireless, Inc. (NASDAQ: NVTL) said it has shipped more than three million 4G LTE enabled mobile computing products since it first began shipping LTE products in January

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