Articles Tagged with ''billion''

LTE subscriptions passed the 1 billion subscription mark during the final quarter of 2015 and are set to continue strong double-digit growth for the next five years, according to global analyst firm Ovum.

NXP Semiconductors N.V. and Freescale Semiconductor, Ltd. announced that they have entered into a definitive agreement under which NXP will merge with Freescale in a transaction which values the combined enterprise at just over $40 billion.

LTE-Advanced networks have been actively deployed around the world. At the end of 2014, LTE-Advanced covered its first 100 million people worldwide, just four years since the network’s inception. ABI Research predicts that the coverage will reach 1 billion in four more years.

Harris Corp. and Exelis, Inc. announced a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at $23.75 per share, or an approximately $4.75 billion enterprise value. The agreement has been unanimously approved by the boards of directors of both companies. The transaction is expected to close in June 2015 and is subject to customary closing conditions, including regulatory and Exelis shareholder approval.

CommScope Holding Company Inc.has agreed to acquire TE Connectivity’s Telecom, Enterprise and Wireless businesses in an all-cash transaction valued at approximately $3 billion.

A new report from Juniper Research has found that just over 2 billion mobile phone or tablet users will make some form of mobile commerce transaction by the end of 2017, up from 1.6 billion this year.

 According to an updated market forecast from ABI Research, the installed base of active wireless connected devices will exceed 16 billion in 2014, about 20 percent more than in 2013. The number of devices will more than double from the current level, with 40.9 billion forecasted for 2020. 

 Infineon Technologies AG  and International Rectifier Corp. have signed a definitive agreement under which Infineon will acquire International Rectifier for $40 per share in an all-cash transaction valued at approximately $3 billion.  

New research conducted by IDTechEx, and published in the report "RFID Forecasts, Players and Opportunities 2014-2024," finds that the RFID market - including tags, readers, software and services, for passive and active RFID - will grow from $7.88 billion in 2013 to $9.2 billion in 2014. Most growth is due to active RFID/RTLS systems, interrogators, and then tags, in terms of total money spent.

Nutaq announced that its PicoSDR software defined radio platform has been chosen by French Equipex FIT/CorteXlab for its large scale cognitive radio testbed developed by Inria at INSA-Lyon.