Nokia To Work With MIT Lab

Technology industry news provided by Financial News USA Advancing the vision of mobility while developing real-world applications, Nokia and the Massachusetts Institute of Technology (MIT) today announce the opening of the Nokia Research Center Cambridge.


The joint research facility, collaboration between Nokia Research Center and MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), brings researchers and scientists from MIT and Nokia together to develop high-impact research to create the state-of-the-art in communications technologies.

Wireless equipment maker LM Ericsson on Friday said sales grew in the first quarter but the takeover of money-losing Marconi cut into profits that came in flat, below expectations. Ericsson shares fell nearly 3 percent after the quarterly report was released. Acacia Research Corporation announced today that InternetAd Systems, LLC, a wholly owned subsidiary that is part of the Acacia Technologies group, a leader in technology licensing, has entered into licensing agreements with MN Airlines, LLC D/B/A Sun Country Airlines and ATA Airlines, Inc. covering a patent that applies to interstitial Internet advertising.

CQIP Investments has forwarded a Letter of Intent to Damya International to acquire a 50% interest in the operations of Damya, a telecommunications company. Damya, CQIP and Satelinx have entered into a Memorandum of Understanding whereby the operations of Damya are to be incorporated into Satelinx. This will have the impact of extending and expanding the operations into numerous additional countries in both Africa and Europe and generating important sales growth in the areas of VoIP, Telephony and Voice Virtual Private Network Solutions.

Summary

Technology industry news provided by Financial News USA Advancing the vision of mobility while developing real-world applications.


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