Qualcomm Inc (QCOM)

[khemara_qc]

Qualcomm Buys Trigenix for $36 Million
http://www.itnews.it/risorse/EuroNews,Zj0xMTI2MjIz

QUALCOMM ACQUIRES UK-BASED, MOBILE USER INTERFACE LEADER TRIGENIX, EXTENDING ITS COMMITMENT TO THE EUROPEAN WIRELESS MARKET
12-10-2004 17:26

SAN DIEGO, California., October 12 /PRNewswire/ --
- Deal Further Establishes BREW(R) Solution as the Industry Leading Choice for Operators and Handset Manufacturers Worldwide Looking to Offer Customizable User Interfaces -
QUALCOMM Incorporated (Nasdaq: QCOM), pioneer and world leader of Code Division Multiple Access (CDMA) digital wireless technology, today announced it has acquired Trigenix, a mobile user interface company, based in the United Kingdom. The acquisition provides QUALCOMM with Trigenix's User Interface (UI) development technologies, products and tools, and extends QUALCOMM's commitment to the European wireless community. When combined with the BREW client software, Trigenix's suite of technologies provides additional substantial advantages to QUALCOMM's existing UI offerings that enable flexible and customizable wireless device UIs for operators and device manufacturers. QUALCOMM paid approximately US $36 million in cash for Trigenix.
The BREW 3.1 client software and BREW 1.0 UI Toolkit provide operators and device manufacturers the resources they need to develop an entire phone UI, branded to suit individual operator's and manufacturer's requirements for all handset tiers and models offered to subscribers. Adding the capabilities of Trigenix technologies, including the Trigenix Trigplayer(TM), provides an expanded UI development tool set that allows BREW operators and device manufacturers to custom build core phone functions like address books, messaging menus, navigation methods, color schemes and icon styles. This secure, modular approach to UI development offers the ability to maintain integrated and consistent user experiences across devices. The BREW solution also permits secure, periodic over-the-air (OTA) updates, allowing an operator to "push" new content to the UI, such as branding refreshes and marketing promotions, as well as periodic software updates or feature upgrades to the handset.
"QUALCOMM's acquisition of Trigenix marks a significant next step in the Company's efforts to bring enhanced 3G wireless data services to Europe and illustrates our resolve to support wireless operators, device manufactures and developers on the continent," said Peggy Johnson, president of QUALCOMM Internet Services. "Trigenix is an acknowledged leader in mobile UI technology and we're pleased to embark on this next stage of our BREW business with them. This acquisition greatly improves the ability for customers offering BREW-based services as well as operators and handset manufacturers to reduce time-to-market and grow their wireless data business."
"Joining a wireless leader such as QUALCOMM, and strengthening our relationship with the worldwide community of BREW publishers, developers, operators and handset manufacturers, provides an excellent chance to advance Trigenix technology and better meet the need for customizable UI products and services," said Steve Ives, CEO, Trigenix. "The combined strengths of the BREW solution and Trigenix's technology and product portfolio will enable us to play on a much bigger stage, demonstrate greater flexibility and reach into worldwide markets."
Trigenix was founded in 2000 with venture funding from 3i, a leading European venture capital company. "It has been an honor to work with Steve and the Trigenix team since its foundation and to help make it a success," said Laurence Garrett, director of technology for 3i. "QUALCOMM and Trigenix have built a strong relationship in the past year and this acquisition takes the evolution of UI technology to the next level."
QUALCOMM's BREW solution provides products and services that connect the mobile marketplace value chain, which includes publishers, developers, content providers, device manufacturers, operators and consumers.
Publishers and developers worldwide are generating revenue from BREW-based applications and content, and 27 manufacturers have offered more than 150 BREW-enabled device models to consumers. BREW is successfully enabling the commercial wireless data services of many successful operators, including Verizon Wireless, Alaska Communication Systems, ALLTEL, Cellular One, Cellular South, Cricket Communications, MetroPCS, Midwest Wireless, NTELOS, Rural Cellular Corporation and U.S. Cellular in the United States, Bermuda Digital Communications, China Unicom, KDDI in Japan, KTF in South Korea, Hutch in Thailand, Iusacell in Mexico, VIBO in Taiwan, Tata in India, Telstra in Australia, VIVO in Brazil, BellSouth Argentina, BellSouth Chile, BellSouth Colombia, BellSouth Ecuador, BellSouth Guatemala, BellSouth Nicaragua, BellSouth Panama, BellSouth Peru, Movicom in Argentina, Movicom in Uruguay, Telcel and Movilnet in Venezuela, Verizon Dominicana, Verizon Wireless Puerto Rico, Pelephone in Israel and Zapp in Romania.
QUALCOMM Incorporated (www.qualcomm.com) is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 2003 FORTUNE 500(R) company traded on The Nasdaq Stock Market(R) under the ticker symbol QCOM.
Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties including the extent and speed to which the BREW solution is adopted and deployed, change in economic conditions of the various markets the Company serves, as well as the other risks detailed from time to time in the Company's SEC reports, including the report on Form 10-K for the year ended September 28, 2003, and most recent Form 10-Q.
QUALCOMM and BREW are registered trademarks of QUALCOMM Incorporated. Trigenix is a registered trademark of Trigenix Limited. All other trademarks are the property of their respective owners.
For further information, please contact: Michele Bakic, QUALCOMM Internet Services, [phone], [e-mail], or Emily Gin, Corporate Public Relations, [phone], [e-mail], or Bill Davidson, Investor Relations, [phone], [e-mail], all of QUALCOMM.
Web site: http://www.qualcomm.com
Michele Bakic, QUALCOMM Internet Services, [phone], [e-mail], or Emily Gin, Corporate Public Relations, [phone], [e-mail], or Bill Davidson, Investor Relations, [phone], [e-mail], all of QUALCOMM