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Q: convexant acquisition ( Answered 5 out of 5 stars,   1 Comment )
Question  
Subject: convexant acquisition
Category: Miscellaneous
Asked by: fogger-ga
List Price: $2.00
Posted: 29 Mar 2004 16:58 PST
Expires: 28 Apr 2004 17:58 PDT
Question ID: 322047
Motorola acquired Convexant in April 2003.  How much did Motorola pay
for Convexant?  I need a source, such as a url.
Answer  
Subject: Re: convexant acquisition
Answered By: czh-ga on 29 Mar 2004 17:56 PST
Rated:5 out of 5 stars
 
Hello fogger-ga,

Convexant changed its name to Winphoria Networks, Inc. sometime before
2002. Motorola acquired Winphoria for $179 million in a deal that
closed in early May, 2003. The following links give you the details.

All the best.

~ czh ~


http://boston.internet.com/news/article.php/717001
Winphoria, formerly Convexant, has heretofore focused on R&D. The
company has about 100 employees, mostly engineers, at its headquarters
and at development sites in India and Madrid.

------------------------------------


Motorola to Acquire Winphoria Networks for Next Gen Packet-based
Wireless Switching

SCHAUMBURG, Ill. -- April, 2003 -- Motorola, Inc. announced it has
entered into a definitive agreement to acquire Winphoria Networks,
Inc., a core infrastructure provider of next generation packet based
mobile switching centers for wireless networks, which Motorola plans
to integrate into its Global Telecom Solutions Sector (GTSS) business
unit. The completion of the acquisition is subject to customary
closing and regulatory conditions and is expected to occur in the
second quarter. Motorola intends to purchase the privately held
company in an all cash transaction. Additional terms of the agreement
were not disclosed.

------------------------------------


http://www.forrelease.com/D20030713/cgsu001.P1.07112003210222.15505.html
Motorola completed its acquisition of Winphoria Networks, Inc. in
early May 2003, adding a softswitch to its portfolio and complementing
its end-to-end wireless networking solution.

------------------------------------


http://biz.yahoo.com/e/040308/mot10-q_a.html
Form 10-Q/A for MOTOROLA INC 
8-Mar-2004 
Quarterly Report

Investing Activities
   Strategic Acquisitions and Investments:
?Cash consumed by the Company's acquisition and new investment
activities increased to $251 million in the first nine months of 2003,
compared to $67 million in the first nine months of 2002. The cash
consumed in the first nine months of 2003 was primarily comprised of:
(i) $179 million for the acquisition of Winphoria Networks, Inc., a
core infrastructure provider of next-generation packet-based mobile
switching centers for wireless networks, acquired by the Global
Telecom Solutions segment,
and ? ?




SEARCH STRATEGY
Motorola acquired Convexant
Winphoria
Motorola completes acquisition Winphoria
fogger-ga rated this answer:5 out of 5 stars and gave an additional tip of: $3.00
Bless you!  Thanks so much.

Comments  
Subject: Re: convexant acquisition
From: czh-ga on 29 Mar 2004 23:05 PST
 
I'm glad you liked the answer. Thank you for your generous tip and five stars.

~ czh ~

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