Showing posts with label Money. Show all posts
Showing posts with label Money. Show all posts

12 June 2007

Gear up for camping with the Eureka N!ergy tent with power outlets


How many times have you run out of battery power on your cell phone or mp3 player during a camping trip and wished that you could somehow charge them? Or just longed for a power outlet that you could plug your hair dryer into? If you find yourself nodding in agreement, your knight-in-shining-armor could very well be the N!ergy tent from Eureka.
The company, which specializes in camping gear, has designed the cool N!ergy tent with three 12V outlets right within the tent, with the wiring completely concealed.
What you need to do is buy a rechargeable battery source called the E! Power Pak (sold separately) and charge it before your camping trip. Then, plug it into the wiring system and you are ready to power upto 3 devices at once. In addition, there are glowing outlets throughout the tent for easy access to the power outlets in the dark.
Choose from three different sizes accommodating 5 (N!ergy 9), 8 (N!ergy 1210) or 10 (N!ergy 1310) people. Toss in an additional $50 for the E! Power Pak and get set for a geeky camping trip.

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30 May 2007

MangoMobile Bought By The Radiate Group

Mobile marketing company MangoMobile has been bought by global marketing company The Radiate Group. Financial terms were undisclosed. (release)

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22 May 2007

On2 Buys Finnish Mobile Video tech Firm Hantro For $58.4 Million

Developer of video compression technology On2 is buying Finland-based Hantro Products, a provider of video software for mobile devices, for about $58.4 million in cash and stock. On2 will pay about $6.8 million in cash and rest in shares and before mid-August. The acquisition would accelerate the deployment of On2’s technology on semiconductor chipsets that power mobile and embedded devices, the company said. Hantro expects revenues of about $8.1 million to $12.2 million for its fiscal year 2007.
Hantro provides video compression implementations for mobile, digital consumer-electronics and IPTV devices, and its customers include Nokia, Freescale, LSI, Vimicro, Sanyo, among others. Hantro’s technology has been implemented on more than 200 million devices to date and in mobile phones produced by 5 of the top 6 handset manufacturers, it says. More details in the release.
ACEuro: Nexit Ventures owns approximately one third of Hantro shares. Other investors include Capman and Atine as well as the company’s founders and key personnel. Nexit has been a co-lead investor in Hantro since 2000.

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02 May 2007

Sonopia Raises $12.7 Million In Second RoundBy

Affinity-based MVNO service Sonopia has announced it has raised $12.7 million in its second round of funding led by Cardinal Venture Capital. “Previous investors Sevin Rosen Funds, ComVentures and some individuals also invested in this round. It has raised a total of $21.5 million,” reports VentureBeat. The company was founded by Juha Christensen (who founded Symbian, and was previously head of Macromedia’s mobile efforts) and aims to offer “plug-and-play” MVNO services to brands...target customers are non-profits, sports teams/leagues, universities, entertainment brands and even individuals and the company launched at the beginning of April with National Wildlife Federation (NWF Mobile); Long Island Ducks, a minor-league baseball team (Liducks Mobile); Omicron Delta Kappa (ODK), the national leadership honor society (Odk Mobile) and others. Rafat interviewed Christensen, which is available here.

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ROK Goes Public Via Reverse IPOBy

ROK Entertainment Group and CyberFund (OTC: CYFD) today jointly announced that Cyberfund will aquire 100 percent of the issued and outstanding shares of ROK in exchange for 57,000,000 common shares of CyberFund, according to an e-mail release. Cyberfund will then change its name to ROK Entertainment Group. ROK has raised in excess of $40 million in financing, with the latest round bringing in $7 million a few weeks ago in preparation for an IPO. ROK has offices in the UK, US and China as well as JVs in Russia, Brazil and the UAE. It currently has 3 patents issued and 42 additional patent applications pending for new technologies which it has developed for the delivery of video entertainment to mobile phones.

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