Re: [WISPA] Tranzeo to acquire Aperto
Their hardware was great, just had to wait for LightSpeed to re-write
the drivers!!
Mike Hammett wrote:
ATI couldn't build a quality driver to save their life, so I have refused to
purchase any ATI based motherboard or video card. NVidia only.
-
Mike Hammett
Intelligent Computing Solutions
http://www.ics-il.com
--
From: "Josh Luthman"
Sent: Wednesday, March 31, 2010 2:12 PM
To: ; "WISPA General List"
Subject: Re: [WISPA] Tranzeo to acquire Aperto
Really? I hadn't heard that before.
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373
“Success is not final, failure is not fatal: it is the courage to
continue that counts.”
--- Winston Churchill
On Wed, Mar 31, 2010 at 3:06 PM, Nathan Stooke
wrote:
Hello,
But AMD was. LOL
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
Behalf Of Josh Luthman
Sent: Wednesday, March 31, 2010 11:05 AM
To: WISPA General List
Subject: Re: [WISPA] Tranzeo to acquire Aperto
Not all buy outs mean the company is in trouble, does it?
I didn't think ATI was in trouble when AMD bought them.
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373
“Success is not final, failure is not fatal: it is the courage to
continue that counts.”
--- Winston Churchill
On Wed, Mar 31, 2010 at 12:01 PM, Gino Villarini
wrote:
Wow
Was Aperto in financial trouble?
This is like YDI buying Proxim
Or Ubiquity buying Motorola
Sent from my Motorola Startac...
On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
Didn't see this one coming but it looks like it could lead to some
nice
products for WISPs.
http://bit.ly/bX4HTc
Canadian Company Tranzeo Wireless to Acquire Aperto Networks
Tranzeo strengthens its international market with complete broadband
solution
PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
--
BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
 1.61, +0.04, +2.55%), a
premier
manufacturer of wireless broadband and WiMAX communication systems,
announced today it has entered into a definitive merger agreement with
Aperto Networks, Inc. ("Aperto") and key Aperto shareholders. Under
the
terms of the merger agreement, and upon the satisfaction of closing
conditions, Aperto will be merged into a newly incorporated
subsidiary of
Tranzeo, with Aperto surviving and continuing to be operated as a
wholly-owned subsidiary of Tranzeo.
The merger will greatly increase Tranzeo's market share as it
becomes a
complete end-to-end broadband solutions provider featuring WiFi,
WiMax and
LTE products. Aperto's current backlog of all purchase orders is US
$8.3
million. This will be added to Tranzeo's current backlog of US$32.7M.
"Acquiring Aperto immediately transforms Tranzeo into a market leading
complete solutions provider for major telecommunications operators
while
still supplying product to Tranzeo's existing wireless Internet
service
providers," said Jim Tocher, President and CEO of Tranzeo. "With an
established world-wide customer base and a pipeline of new customers
now in
trials, the benefits of today's announcement will start to bear
fruit within
a year. The future for Tranzeo has never looked better."
"The combining of Tranzeo and Aperto is a big win for wireless service
providers," said Randall Meals, Chairman of Aperto's Board and
Managing
Director of Quicksilver Ventures. "We continue to be bullish on the
broadband wireless market and now Tranzeo's position in the market."
Existing Tranzeo and Aperto customers will greatly benefit from the
combined
technologies and complete solutions Tranzeo will now be able to
provide.
"Tranzeo's responsiveness, world-class manufacturing and additional
product
breadth combined with Aperto's proven worldwide sales, support team,
and
channels will significantly benefit our customers on a global
basis,"said
Bill Waters, Senior Vice President of Worldwide Sales and Support at
Aperto
Networks. "I am looking forward to serving our existing customers,
expanding
our market and providing new solutions to our channel partners."
"This is very good news for TRG and the future of broadband services
in
Indonesia," said Gatot Tetuko, President of PT. Teknologi Riset Global
(TRG), an affiliate company of leading telecommunication
infrastructure
provider the Indonesian Tower Group. "With our joint development
agreement
with Tranzeo, this will give us access to additional advanced wireless
technologies which we will incorporate into our broadband solutions."
Tranzeo expects to complete the acquisition of Aperto through
issuances of
common shares to the stockhold
Re: [WISPA] Tranzeo to acquire Aperto
Well, I fully agree that there was a time in history when ATI conflicted
with every other thing, and Nvidia just worked.
But in today's world, I'm finding Nvidia to be almost just as bad.(And I'm a
Nvidia fan) Now, my ATI cards seem to just work.
I'm not talking about gaming compatibilty. I'm talking about the whole PC
crashing or wierd video problems, just using the operating system with
various MBs.
Its a vicious circle, this PC world we live in..
Tom DeReggi
RapidDSL & Wireless, Inc
IntAirNet- Fixed Wireless Broadband
- Original Message -
From: "Mike Hammett"
To: "WISPA General List"
Sent: Wednesday, March 31, 2010 3:19 PM
Subject: Re: [WISPA] Tranzeo to acquire Aperto
ATI couldn't build a quality driver to save their life, so I have refused to
purchase any ATI based motherboard or video card. NVidia only.
-
Mike Hammett
Intelligent Computing Solutions
http://www.ics-il.com
--
From: "Josh Luthman"
Sent: Wednesday, March 31, 2010 2:12 PM
To: ; "WISPA General List"
Subject: Re: [WISPA] Tranzeo to acquire Aperto
> Really? I hadn't heard that before.
>
> Josh Luthman
> Office: 937-552-2340
> Direct: 937-552-2343
> 1100 Wayne St
> Suite 1337
> Troy, OH 45373
>
> “Success is not final, failure is not fatal: it is the courage to
> continue that counts.”
> --- Winston Churchill
>
>
>
> On Wed, Mar 31, 2010 at 3:06 PM, Nathan Stooke
> wrote:
>> Hello,
>>
>>But AMD was. LOL
>>
>>
>>
>> -Original Message-
>> From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
>> Behalf Of Josh Luthman
>> Sent: Wednesday, March 31, 2010 11:05 AM
>> To: WISPA General List
>> Subject: Re: [WISPA] Tranzeo to acquire Aperto
>>
>> Not all buy outs mean the company is in trouble, does it?
>>
>> I didn't think ATI was in trouble when AMD bought them.
>>
>> Josh Luthman
>> Office: 937-552-2340
>> Direct: 937-552-2343
>> 1100 Wayne St
>> Suite 1337
>> Troy, OH 45373
>>
>> “Success is not final, failure is not fatal: it is the courage to
>> continue that counts.”
>> --- Winston Churchill
>>
>>
>>
>> On Wed, Mar 31, 2010 at 12:01 PM, Gino Villarini
>> wrote:
>>> Wow
>>>
>>> Was Aperto in financial trouble?
>>>
>>> This is like YDI buying Proxim
>>>
>>> Or Ubiquity buying Motorola
>>>
>>> Sent from my Motorola Startac...
>>>
>>>
>>> On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
>>>
>>>> Didn't see this one coming but it looks like it could lead to some
>>>> nice
>>>> products for WISPs.
>>>>
>>>> http://bit.ly/bX4HTc
>>>>
>>>> Canadian Company Tranzeo Wireless to Acquire Aperto Networks
>>>> Tranzeo strengthens its international market with complete broadband
>>>> solution
>>>>
>>>> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
>>>> --
>>>> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
>>>>  1.61, +0.04, +2.55%), a
>>>> premier
>>>> manufacturer of wireless broadband and WiMAX communication systems,
>>>> announced today it has entered into a definitive merger agreement with
>>>> Aperto Networks, Inc. ("Aperto") and key Aperto shareholders. Under
>>>> the
>>>> terms of the merger agreement, and upon the satisfaction of closing
>>>> conditions, Aperto will be merged into a newly incorporated
>>>> subsidiary of
>>>> Tranzeo, with Aperto surviving and continuing to be operated as a
>>>> wholly-owned subsidiary of Tranzeo.
>>>>
>>>> The merger will greatly increase Tranzeo's market share as it
>>>> becomes a
>>>> complete end-to-end broadband solutions provider featuring WiFi,
>>>> WiMax and
>>>> LTE products. Aperto's current backlog of all purchase orders is US
>>>> $8.3
>>>> million. This will be added to Tranzeo's current backlog of US$32.7M.
>>>>
>>>> "Acquiring Aperto immediately transforms Tranzeo into a market leading
>>>> complete solutions provider for major telecommunications operators
>>>> while
>>>> still supplying product to Tranzeo's existing wireless Internet
>>>> service
>>>> providers," said Jim Tocher, President and CEO of
Re: [WISPA] Tranzeo to acquire Aperto
Well.
"Aperto's current backlog of all purchase orders is US$8.3
million. This will be added to Tranzeo's current backlog of US$32.7M."
"Tranzeo will issue common shares to the
stockholders of Aperto based on a US$5 million base consideration amount, as
adjusted for liabilities and cash of Aperto at closing."
I dont know that "in-trouble" was an appropriate inference, Aperto has many
valueable assets such as patents, reputation, and customer base. But the
above quotes would suggest that Aperto was comming up short on capital
(cash) for future growth, considering it appears they agreed to merge for
under the value of pending revenue/sales.
Whether this is a good thing for past Aperto Stockholders, I do not know.
But I can only view this as a good thing for WISPs, and the emerged stronger
combined company.
I also would think this would strengthen equipment buyer's confidence that
they were buying into a complete solution that would last, with the AP/CPE
manufactures tied togeather as one by more than just the "wimax standard".
I also find it interesting that Aperto will continue to operating as an
independent subsidiary, after words. I could think of a few reasons why.
Just wondering if that is partially to also protect each product line's
focus (Aperto high end, Tranzeo value line).
Then again, maybe operating under the Tranzeo vision, Aperto AP will migrate
into the "value line" also.
I dont mean anything bad by that, Aperto offers lots of value, I'm just
referring to the fact that the Tranzeo compoents sell at lower price.
I also dont think this is a good one to compare to Proxim mergers, as just
occured. With Proxim mergers, there wasn't really much complimentary product
offerings achievied by each party, if anything there was duplication of
lines and discontinuance of lines.
Where as with Aperto/Tranzeo, clearly the marriage of the AP and CPE makes
sense.
Tom DeReggi
RapidDSL & Wireless, Inc
IntAirNet- Fixed Wireless Broadband
- Original Message -
From: "Drew Lentz"
To: "WISPA General List"
Sent: Wednesday, March 31, 2010 11:42 AM
Subject: [WISPA] Tranzeo to acquire Aperto
Didn't see this one coming but it looks like it could lead to some nice
products for WISPs.
http://bit.ly/bX4HTc
Canadian Company Tranzeo Wireless to Acquire Aperto Networks
Tranzeo strengthens its international market with complete broadband
solution
PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX) --
BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
1.61, +0.04, +2.55%), a premier
manufacturer of wireless broadband and WiMAX communication systems,
announced today it has entered into a definitive merger agreement with
Aperto Networks, Inc. ("Aperto") and key Aperto shareholders. Under the
terms of the merger agreement, and upon the satisfaction of closing
conditions, Aperto will be merged into a newly incorporated subsidiary of
Tranzeo, with Aperto surviving and continuing to be operated as a
wholly-owned subsidiary of Tranzeo.
The merger will greatly increase Tranzeo's market share as it becomes a
complete end-to-end broadband solutions provider featuring WiFi, WiMax and
LTE products. Aperto's current backlog of all purchase orders is US$8.3
million. This will be added to Tranzeo's current backlog of US$32.7M.
"Acquiring Aperto immediately transforms Tranzeo into a market leading
complete solutions provider for major telecommunications operators while
still supplying product to Tranzeo's existing wireless Internet service
providers," said Jim Tocher, President and CEO of Tranzeo. "With an
established world-wide customer base and a pipeline of new customers now in
trials, the benefits of today's announcement will start to bear fruit within
a year. The future for Tranzeo has never looked better."
"The combining of Tranzeo and Aperto is a big win for wireless service
providers," said Randall Meals, Chairman of Aperto's Board and Managing
Director of Quicksilver Ventures. "We continue to be bullish on the
broadband wireless market and now Tranzeo's position in the market."
Existing Tranzeo and Aperto customers will greatly benefit from the combined
technologies and complete solutions Tranzeo will now be able to provide.
"Tranzeo's responsiveness, world-class manufacturing and additional product
breadth combined with Aperto's proven worldwide sales, support team, and
channels will significantly benefit our customers on a global basis,"said
Bill Waters, Senior Vice President of Worldwide Sales and Support at Aperto
Networks. "I am looking forward to serving our existing customers, expanding
our market and providing new solutions to our channel partners."
"This is very good news for TRG and the future of broadband services in
Indonesia,&q
Re: [WISPA] Tranzeo to acquire Aperto
ATI couldn't build a quality driver to save their life, so I have refused to
purchase any ATI based motherboard or video card. NVidia only.
-
Mike Hammett
Intelligent Computing Solutions
http://www.ics-il.com
--
From: "Josh Luthman"
Sent: Wednesday, March 31, 2010 2:12 PM
To: ; "WISPA General List"
Subject: Re: [WISPA] Tranzeo to acquire Aperto
> Really? I hadn't heard that before.
>
> Josh Luthman
> Office: 937-552-2340
> Direct: 937-552-2343
> 1100 Wayne St
> Suite 1337
> Troy, OH 45373
>
> “Success is not final, failure is not fatal: it is the courage to
> continue that counts.”
> --- Winston Churchill
>
>
>
> On Wed, Mar 31, 2010 at 3:06 PM, Nathan Stooke
> wrote:
>> Hello,
>>
>>But AMD was. LOL
>>
>>
>>
>> -Original Message-
>> From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
>> Behalf Of Josh Luthman
>> Sent: Wednesday, March 31, 2010 11:05 AM
>> To: WISPA General List
>> Subject: Re: [WISPA] Tranzeo to acquire Aperto
>>
>> Not all buy outs mean the company is in trouble, does it?
>>
>> I didn't think ATI was in trouble when AMD bought them.
>>
>> Josh Luthman
>> Office: 937-552-2340
>> Direct: 937-552-2343
>> 1100 Wayne St
>> Suite 1337
>> Troy, OH 45373
>>
>> “Success is not final, failure is not fatal: it is the courage to
>> continue that counts.”
>> --- Winston Churchill
>>
>>
>>
>> On Wed, Mar 31, 2010 at 12:01 PM, Gino Villarini
>> wrote:
>>> Wow
>>>
>>> Was Aperto in financial trouble?
>>>
>>> This is like YDI buying Proxim
>>>
>>> Or Ubiquity buying Motorola
>>>
>>> Sent from my Motorola Startac...
>>>
>>>
>>> On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
>>>
>>>> Didn't see this one coming but it looks like it could lead to some
>>>> nice
>>>> products for WISPs.
>>>>
>>>> http://bit.ly/bX4HTc
>>>>
>>>> Canadian Company Tranzeo Wireless to Acquire Aperto Networks
>>>> Tranzeo strengthens its international market with complete broadband
>>>> solution
>>>>
>>>> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
>>>> --
>>>> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
>>>>  1.61, +0.04, +2.55%), a
>>>> premier
>>>> manufacturer of wireless broadband and WiMAX communication systems,
>>>> announced today it has entered into a definitive merger agreement with
>>>> Aperto Networks, Inc. ("Aperto") and key Aperto shareholders. Under
>>>> the
>>>> terms of the merger agreement, and upon the satisfaction of closing
>>>> conditions, Aperto will be merged into a newly incorporated
>>>> subsidiary of
>>>> Tranzeo, with Aperto surviving and continuing to be operated as a
>>>> wholly-owned subsidiary of Tranzeo.
>>>>
>>>> The merger will greatly increase Tranzeo's market share as it
>>>> becomes a
>>>> complete end-to-end broadband solutions provider featuring WiFi,
>>>> WiMax and
>>>> LTE products. Aperto's current backlog of all purchase orders is US
>>>> $8.3
>>>> million. This will be added to Tranzeo's current backlog of US$32.7M.
>>>>
>>>> "Acquiring Aperto immediately transforms Tranzeo into a market leading
>>>> complete solutions provider for major telecommunications operators
>>>> while
>>>> still supplying product to Tranzeo's existing wireless Internet
>>>> service
>>>> providers," said Jim Tocher, President and CEO of Tranzeo. "With an
>>>> established world-wide customer base and a pipeline of new customers
>>>> now in
>>>> trials, the benefits of today's announcement will start to bear
>>>> fruit within
>>>> a year. The future for Tranzeo has never looked better."
>>>>
>>>> "The combining of Tranzeo and Aperto is a big win for wireless service
>>>> providers," said Randall Meals, Chairman of Aperto's Board and
>>>> Managing
>>>> Director of Quicksilver Ventures. "We continue to be bullish on the
>>>> broadband wireless market and now Tranzeo's position in the market."
>
Re: [WISPA] Tranzeo to acquire Aperto
Really? I hadn't heard that before.
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373
“Success is not final, failure is not fatal: it is the courage to
continue that counts.”
--- Winston Churchill
On Wed, Mar 31, 2010 at 3:06 PM, Nathan Stooke wrote:
> Hello,
>
> But AMD was. LOL
>
>
>
> -Original Message-
> From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
> Behalf Of Josh Luthman
> Sent: Wednesday, March 31, 2010 11:05 AM
> To: WISPA General List
> Subject: Re: [WISPA] Tranzeo to acquire Aperto
>
> Not all buy outs mean the company is in trouble, does it?
>
> I didn't think ATI was in trouble when AMD bought them.
>
> Josh Luthman
> Office: 937-552-2340
> Direct: 937-552-2343
> 1100 Wayne St
> Suite 1337
> Troy, OH 45373
>
> “Success is not final, failure is not fatal: it is the courage to
> continue that counts.”
> --- Winston Churchill
>
>
>
> On Wed, Mar 31, 2010 at 12:01 PM, Gino Villarini wrote:
>> Wow
>>
>> Was Aperto in financial trouble?
>>
>> This is like YDI buying Proxim
>>
>> Or Ubiquity buying Motorola
>>
>> Sent from my Motorola Startac...
>>
>>
>> On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
>>
>>> Didn't see this one coming but it looks like it could lead to some
>>> nice
>>> products for WISPs.
>>>
>>> http://bit.ly/bX4HTc
>>>
>>> Canadian Company Tranzeo Wireless to Acquire Aperto Networks
>>> Tranzeo strengthens its international market with complete broadband
>>> solution
>>>
>>> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
>>> --
>>> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
>>>  1.61, +0.04, +2.55%), a
>>> premier
>>> manufacturer of wireless broadband and WiMAX communication systems,
>>> announced today it has entered into a definitive merger agreement with
>>> Aperto Networks, Inc. ("Aperto") and key Aperto shareholders. Under
>>> the
>>> terms of the merger agreement, and upon the satisfaction of closing
>>> conditions, Aperto will be merged into a newly incorporated
>>> subsidiary of
>>> Tranzeo, with Aperto surviving and continuing to be operated as a
>>> wholly-owned subsidiary of Tranzeo.
>>>
>>> The merger will greatly increase Tranzeo's market share as it
>>> becomes a
>>> complete end-to-end broadband solutions provider featuring WiFi,
>>> WiMax and
>>> LTE products. Aperto's current backlog of all purchase orders is US
>>> $8.3
>>> million. This will be added to Tranzeo's current backlog of US$32.7M.
>>>
>>> "Acquiring Aperto immediately transforms Tranzeo into a market leading
>>> complete solutions provider for major telecommunications operators
>>> while
>>> still supplying product to Tranzeo's existing wireless Internet
>>> service
>>> providers," said Jim Tocher, President and CEO of Tranzeo. "With an
>>> established world-wide customer base and a pipeline of new customers
>>> now in
>>> trials, the benefits of today's announcement will start to bear
>>> fruit within
>>> a year. The future for Tranzeo has never looked better."
>>>
>>> "The combining of Tranzeo and Aperto is a big win for wireless service
>>> providers," said Randall Meals, Chairman of Aperto's Board and
>>> Managing
>>> Director of Quicksilver Ventures. "We continue to be bullish on the
>>> broadband wireless market and now Tranzeo's position in the market."
>>>
>>> Existing Tranzeo and Aperto customers will greatly benefit from the
>>> combined
>>> technologies and complete solutions Tranzeo will now be able to
>>> provide.
>>>
>>> "Tranzeo's responsiveness, world-class manufacturing and additional
>>> product
>>> breadth combined with Aperto's proven worldwide sales, support team,
>>> and
>>> channels will significantly benefit our customers on a global
>>> basis,"said
>>> Bill Waters, Senior Vice President of Worldwide Sales and Support at
>>> Aperto
>>> Networks. "I am looking forward to serving our existing customers,
>>> expanding
>>> our market and providing new solutions to our channel partners."
>>>
>>> "This is very good news for TRG a
Re: [WISPA] Tranzeo to acquire Aperto
Hello,
But AMD was. LOL
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
Behalf Of Josh Luthman
Sent: Wednesday, March 31, 2010 11:05 AM
To: WISPA General List
Subject: Re: [WISPA] Tranzeo to acquire Aperto
Not all buy outs mean the company is in trouble, does it?
I didn't think ATI was in trouble when AMD bought them.
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373
Success is not final, failure is not fatal: it is the courage to
continue that counts.
--- Winston Churchill
On Wed, Mar 31, 2010 at 12:01 PM, Gino Villarini wrote:
> Wow
>
> Was Aperto in financial trouble?
>
> This is like YDI buying Proxim
>
> Or Ubiquity buying Motorola
>
> Sent from my Motorola Startac...
>
>
> On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
>
>> Didn't see this one coming but it looks like it could lead to some
>> nice
>> products for WISPs.
>>
>> http://bit.ly/bX4HTc
>>
>> Canadian Company Tranzeo Wireless to Acquire Aperto Networks
>> Tranzeo strengthens its international market with complete broadband
>> solution
>>
>> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
>> --
>> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
>>  1.61, +0.04, +2.55%), a
>> premier
>> manufacturer of wireless broadband and WiMAX communication systems,
>> announced today it has entered into a definitive merger agreement with
>> Aperto Networks, Inc. ("Aperto") and key Aperto shareholders. Under
>> the
>> terms of the merger agreement, and upon the satisfaction of closing
>> conditions, Aperto will be merged into a newly incorporated
>> subsidiary of
>> Tranzeo, with Aperto surviving and continuing to be operated as a
>> wholly-owned subsidiary of Tranzeo.
>>
>> The merger will greatly increase Tranzeo's market share as it
>> becomes a
>> complete end-to-end broadband solutions provider featuring WiFi,
>> WiMax and
>> LTE products. Aperto's current backlog of all purchase orders is US
>> $8.3
>> million. This will be added to Tranzeo's current backlog of US$32.7M.
>>
>> "Acquiring Aperto immediately transforms Tranzeo into a market leading
>> complete solutions provider for major telecommunications operators
>> while
>> still supplying product to Tranzeo's existing wireless Internet
>> service
>> providers," said Jim Tocher, President and CEO of Tranzeo. "With an
>> established world-wide customer base and a pipeline of new customers
>> now in
>> trials, the benefits of today's announcement will start to bear
>> fruit within
>> a year. The future for Tranzeo has never looked better."
>>
>> "The combining of Tranzeo and Aperto is a big win for wireless service
>> providers," said Randall Meals, Chairman of Aperto's Board and
>> Managing
>> Director of Quicksilver Ventures. "We continue to be bullish on the
>> broadband wireless market and now Tranzeo's position in the market."
>>
>> Existing Tranzeo and Aperto customers will greatly benefit from the
>> combined
>> technologies and complete solutions Tranzeo will now be able to
>> provide.
>>
>> "Tranzeo's responsiveness, world-class manufacturing and additional
>> product
>> breadth combined with Aperto's proven worldwide sales, support team,
>> and
>> channels will significantly benefit our customers on a global
>> basis,"said
>> Bill Waters, Senior Vice President of Worldwide Sales and Support at
>> Aperto
>> Networks. "I am looking forward to serving our existing customers,
>> expanding
>> our market and providing new solutions to our channel partners."
>>
>> "This is very good news for TRG and the future of broadband services
>> in
>> Indonesia," said Gatot Tetuko, President of PT. Teknologi Riset Global
>> (TRG), an affiliate company of leading telecommunication
>> infrastructure
>> provider the Indonesian Tower Group. "With our joint development
>> agreement
>> with Tranzeo, this will give us access to additional advanced wireless
>> technologies which we will incorporate into our broadband solutions."
>>
>> Tranzeo expects to complete the acquisition of Aperto through
>> issuances of
>> common shares to the stockholders of Aperto. Upon satisfaction of the
>> required closing conditions, Tranzeo will issue common shares to the
>> stockholders of Ap
Re: [WISPA] Tranzeo to acquire Aperto
Wow! It's like a dream - Tranzeo and Pat too!
-RickG
On Wed, Mar 31, 2010 at 12:01 PM, Patrick Leary wrote:
> Yes, the cat is out of the bag. We are very excited about this...
>
>
> Patrick Leary
> Aperto Networks
> 813.426.4230 mobile
>
> -Original Message-
> From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
> Behalf Of Drew Lentz
> Sent: Wednesday, March 31, 2010 8:42 AM
> To: WISPA General List
> Subject: [WISPA] Tranzeo to acquire Aperto
>
> Didn't see this one coming but it looks like it could lead to some nice
> products for WISPs.
>
> http://bit.ly/bX4HTc
>
> Canadian Company Tranzeo Wireless to Acquire Aperto Networks Tranzeo
> strengthens its international market with complete broadband solution
>
> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX) --
> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
> 1.61, +0.04, +2.55%), a premier
> manufacturer of wireless broadband and WiMAX communication systems, announced
> today it has entered into a definitive merger agreement with Aperto Networks,
> Inc. ("Aperto") and key Aperto shareholders. Under the terms of the merger
> agreement, and upon the satisfaction of closing conditions, Aperto will be
> merged into a newly incorporated subsidiary of Tranzeo, with Aperto surviving
> and continuing to be operated as a wholly-owned subsidiary of Tranzeo.
>
> The merger will greatly increase Tranzeo's market share as it becomes a
> complete end-to-end broadband solutions provider featuring WiFi, WiMax and
> LTE products. Aperto's current backlog of all purchase orders is US$8.3
> million. This will be added to Tranzeo's current backlog of US$32.7M.
>
> "Acquiring Aperto immediately transforms Tranzeo into a market leading
> complete solutions provider for major telecommunications operators while
> still supplying product to Tranzeo's existing wireless Internet service
> providers," said Jim Tocher, President and CEO of Tranzeo. "With an
> established world-wide customer base and a pipeline of new customers now in
> trials, the benefits of today's announcement will start to bear fruit within
> a year. The future for Tranzeo has never looked better."
>
> "The combining of Tranzeo and Aperto is a big win for wireless service
> providers," said Randall Meals, Chairman of Aperto's Board and Managing
> Director of Quicksilver Ventures. "We continue to be bullish on the broadband
> wireless market and now Tranzeo's position in the market."
>
> Existing Tranzeo and Aperto customers will greatly benefit from the combined
> technologies and complete solutions Tranzeo will now be able to provide.
>
> "Tranzeo's responsiveness, world-class manufacturing and additional product
> breadth combined with Aperto's proven worldwide sales, support team, and
> channels will significantly benefit our customers on a global basis,"said
> Bill Waters, Senior Vice President of Worldwide Sales and Support at Aperto
> Networks. "I am looking forward to serving our existing customers, expanding
> our market and providing new solutions to our channel partners."
>
> "This is very good news for TRG and the future of broadband services in
> Indonesia," said Gatot Tetuko, President of PT. Teknologi Riset Global (TRG),
> an affiliate company of leading telecommunication infrastructure provider the
> Indonesian Tower Group. "With our joint development agreement with Tranzeo,
> this will give us access to additional advanced wireless technologies which
> we will incorporate into our broadband solutions."
>
> Tranzeo expects to complete the acquisition of Aperto through issuances of
> common shares to the stockholders of Aperto. Upon satisfaction of the
> required closing conditions, Tranzeo will issue common shares to the
> stockholders of Aperto based on a US$5 million base consideration amount, as
> adjusted for liabilities and cash of Aperto at closing. Subject to the
> satisfaction of certain additional earn-out conditions, Tranzeo may issue
> additional common shares to the stockholders of Aperto based on revenues
> attributable to certain products of Aperto that are sold by Tranzeo during a
> one-year earn-out period following the date of closing of the merger. These
> earn-out shares would be issued within 120 days of the expiry of the earn-out
> period. All share issuances will be based on the volume weighted average
> trading price of Tranzeo's common shares for the five trading days prior to
> this announcement of the Merger Agreement.
>
> The merger is anticipated to be completed in mid-April 20
Re: [WISPA] Tranzeo to acquire Aperto
Cheers Stu.
Patrick Leary
Aperto Networks
813.426.4230 mobile
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf
Of Stuart Pierce
Sent: Wednesday, March 31, 2010 11:50 AM
To: WISPA General List
Subject: Re: [WISPA] Tranzeo to acquire Aperto
Well he isn't the only WISP friend that uses Tranzeo, come on now. Just waiting
for the Motorola people to start slamming Aperto now.
-- Original Message --
From: "Patrick Leary"
Reply-To: WISPA General List
Date: Wed, 31 Mar 2010 09:14:17 -0700
>The past few years have been challenging for all Gino, especially for
>companies that leverage private investment. As you may know, we have had a
>working relationship with Tranzeo for some time; they manufacture our 3.65 GHz
>CPE using our code. Over time this relationship has deepened. I have been
>through many acquisitions back from the Alvarion days and have seen the market
>go through many. This one makes more sense than most, much more sense. We have
>no real overlap in terms of products and little technical overlap. Tranzeo is
>a respected public company and has state-of-the art production capabilities
>here in North America. It has an established WISP reputation for value. We
>have excellent core technology, engineering and field teams. We have about 2
>dozen patents on QoS and link quality and our technology was central to
>creation of the 802.16 standard in the first place (long before there was a
>WiMAX).
>
>It just makes a lot of sense and the market will see that.
>
>Plus, the market has been a bit staid recently...it needed something to shake
>things up a bit.
>
>And finally, it maybe after all these years allows my old WISP friend Matt
>Larson to become a customer!
>
>
>Patrick Leary
>Aperto Networks
>813.426.4230 mobile
>
>-Original Message-
>From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On
>Behalf Of Gino Villarini
>Sent: Wednesday, March 31, 2010 9:01 AM
>To: WISPA General List
>Cc: WISPA General List
>Subject: Re: [WISPA] Tranzeo to acquire Aperto
>
>Wow
>
>Was Aperto in financial trouble?
>
>This is like YDI buying Proxim
>
>Or Ubiquity buying Motorola
>
>Sent from my Motorola Startac...
>
>
>On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
>
>> Didn't see this one coming but it looks like it could lead to some
>> nice products for WISPs.
>>
>> http://bit.ly/bX4HTc
>>
>> Canadian Company Tranzeo Wireless to Acquire Aperto Networks Tranzeo
>> strengthens its international market with complete broadband solution
>>
>> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
>> --
>> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
>>  1.61, +0.04, +2.55%), a
>> premier manufacturer of wireless broadband and WiMAX communication
>> systems, announced today it has entered into a definitive merger
>> agreement with Aperto Networks, Inc. ("Aperto") and key Aperto
>> shareholders. Under the terms of the merger agreement, and upon the
>> satisfaction of closing conditions, Aperto will be merged into a
>> newly incorporated subsidiary of Tranzeo, with Aperto surviving and
>> continuing to be operated as a wholly-owned subsidiary of Tranzeo.
>>
>> The merger will greatly increase Tranzeo's market share as it becomes
>> a complete end-to-end broadband solutions provider featuring WiFi,
>> WiMax and LTE products. Aperto's current backlog of all purchase
>> orders is US
>> $8.3
>> million. This will be added to Tranzeo's current backlog of US$32.7M.
>>
>> "Acquiring Aperto immediately transforms Tranzeo into a market
>> leading complete solutions provider for major telecommunications
>> operators while still supplying product to Tranzeo's existing
>> wireless Internet service providers," said Jim Tocher, President and CEO of
>> Tranzeo.
>> "With an established world-wide customer base and a pipeline of new
>> customers now in trials, the benefits of today's announcement will
>> start to bear fruit within a year. The future for Tranzeo has never
>> looked better."
>>
>> "The combining of Tranzeo and Aperto is a big win for wireless
>> service providers," said Randall Meals, Chairman of Aperto's Board
>> and Managing Director of Quicksilver Ventures. "We continue to be
>> bullish on the broadband wireless market and now Tranzeo's position
>> in the market."
>>
>> Existing Tranzeo and Aperto customers will greatly
Re: [WISPA] Tranzeo to acquire Aperto
Well he isn't the only WISP friend that uses Tranzeo, come on now. Just waiting
for the Motorola people to start slamming Aperto now.
-- Original Message --
From: "Patrick Leary"
Reply-To: WISPA General List
Date: Wed, 31 Mar 2010 09:14:17 -0700
>The past few years have been challenging for all Gino, especially for
>companies that leverage private investment. As you may know, we have had a
>working relationship with Tranzeo for some time; they manufacture our 3.65 GHz
>CPE using our code. Over time this relationship has deepened. I have been
>through many acquisitions back from the Alvarion days and have seen the market
>go through many. This one makes more sense than most, much more sense. We have
>no real overlap in terms of products and little technical overlap. Tranzeo is
>a respected public company and has state-of-the art production capabilities
>here in North America. It has an established WISP reputation for value. We
>have excellent core technology, engineering and field teams. We have about 2
>dozen patents on QoS and link quality and our technology was central to
>creation of the 802.16 standard in the first place (long before there was a
>WiMAX).
>
>It just makes a lot of sense and the market will see that.
>
>Plus, the market has been a bit staid recently...it needed something to shake
>things up a bit.
>
>And finally, it maybe after all these years allows my old WISP friend Matt
>Larson to become a customer!
>
>
>Patrick Leary
>Aperto Networks
>813.426.4230 mobile
>
>-Original Message-
>From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf
>Of Gino Villarini
>Sent: Wednesday, March 31, 2010 9:01 AM
>To: WISPA General List
>Cc: WISPA General List
>Subject: Re: [WISPA] Tranzeo to acquire Aperto
>
>Wow
>
>Was Aperto in financial trouble?
>
>This is like YDI buying Proxim
>
>Or Ubiquity buying Motorola
>
>Sent from my Motorola Startac...
>
>
>On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
>
>> Didn't see this one coming but it looks like it could lead to some
>> nice products for WISPs.
>>
>> http://bit.ly/bX4HTc
>>
>> Canadian Company Tranzeo Wireless to Acquire Aperto Networks Tranzeo
>> strengthens its international market with complete broadband solution
>>
>> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
>> --
>> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
>>  1.61, +0.04, +2.55%), a
>> premier manufacturer of wireless broadband and WiMAX communication
>> systems, announced today it has entered into a definitive merger
>> agreement with Aperto Networks, Inc. ("Aperto") and key Aperto
>> shareholders. Under the terms of the merger agreement, and upon the
>> satisfaction of closing conditions, Aperto will be merged into a newly
>> incorporated subsidiary of Tranzeo, with Aperto surviving and
>> continuing to be operated as a wholly-owned subsidiary of Tranzeo.
>>
>> The merger will greatly increase Tranzeo's market share as it becomes
>> a complete end-to-end broadband solutions provider featuring WiFi,
>> WiMax and LTE products. Aperto's current backlog of all purchase
>> orders is US
>> $8.3
>> million. This will be added to Tranzeo's current backlog of US$32.7M.
>>
>> "Acquiring Aperto immediately transforms Tranzeo into a market leading
>> complete solutions provider for major telecommunications operators
>> while still supplying product to Tranzeo's existing wireless Internet
>> service providers," said Jim Tocher, President and CEO of Tranzeo.
>> "With an established world-wide customer base and a pipeline of new
>> customers now in trials, the benefits of today's announcement will
>> start to bear fruit within a year. The future for Tranzeo has never
>> looked better."
>>
>> "The combining of Tranzeo and Aperto is a big win for wireless service
>> providers," said Randall Meals, Chairman of Aperto's Board and
>> Managing Director of Quicksilver Ventures. "We continue to be bullish
>> on the broadband wireless market and now Tranzeo's position in the
>> market."
>>
>> Existing Tranzeo and Aperto customers will greatly benefit from the
>> combined technologies and complete solutions Tranzeo will now be able
>> to provide.
>>
>> "Tranzeo's responsiveness, world-class manufacturing and additional
>> product breadth combined with Aperto's proven worldwide sales, support
>
Re: [WISPA] Tranzeo to acquire Aperto
Don't want to get into details but the Tranzeo reputation among Wisp is "varied"
Gino A. Villarini
g...@aeronetpr.com
Aeronet Wireless Broadband Corp.
787.273.4143
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf
Of Patrick Leary
Sent: Wednesday, March 31, 2010 12:14 PM
To: WISPA General List
Subject: Re: [WISPA] Tranzeo to acquire Aperto
The past few years have been challenging for all Gino, especially for companies
that leverage private investment. As you may know, we have had a working
relationship with Tranzeo for some time; they manufacture our 3.65 GHz CPE
using our code. Over time this relationship has deepened. I have been through
many acquisitions back from the Alvarion days and have seen the market go
through many. This one makes more sense than most, much more sense. We have no
real overlap in terms of products and little technical overlap. Tranzeo is a
respected public company and has state-of-the art production capabilities here
in North America. It has an established WISP reputation for value. We have
excellent core technology, engineering and field teams. We have about 2 dozen
patents on QoS and link quality and our technology was central to creation of
the 802.16 standard in the first place (long before there was a WiMAX).
It just makes a lot of sense and the market will see that.
Plus, the market has been a bit staid recently...it needed something to shake
things up a bit.
And finally, it maybe after all these years allows my old WISP friend Matt
Larson to become a customer!
Patrick Leary
Aperto Networks
813.426.4230 mobile
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf
Of Gino Villarini
Sent: Wednesday, March 31, 2010 9:01 AM
To: WISPA General List
Cc: WISPA General List
Subject: Re: [WISPA] Tranzeo to acquire Aperto
Wow
Was Aperto in financial trouble?
This is like YDI buying Proxim
Or Ubiquity buying Motorola
Sent from my Motorola Startac...
On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
> Didn't see this one coming but it looks like it could lead to some
> nice products for WISPs.
>
> http://bit.ly/bX4HTc
>
> Canadian Company Tranzeo Wireless to Acquire Aperto Networks Tranzeo
> strengthens its international market with complete broadband solution
>
> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
> --
> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
>  1.61, +0.04, +2.55%), a
> premier manufacturer of wireless broadband and WiMAX communication
> systems, announced today it has entered into a definitive merger
> agreement with Aperto Networks, Inc. ("Aperto") and key Aperto
> shareholders. Under the terms of the merger agreement, and upon the
> satisfaction of closing conditions, Aperto will be merged into a newly
> incorporated subsidiary of Tranzeo, with Aperto surviving and
> continuing to be operated as a wholly-owned subsidiary of Tranzeo.
>
> The merger will greatly increase Tranzeo's market share as it becomes
> a complete end-to-end broadband solutions provider featuring WiFi,
> WiMax and LTE products. Aperto's current backlog of all purchase
> orders is US
> $8.3
> million. This will be added to Tranzeo's current backlog of US$32.7M.
>
> "Acquiring Aperto immediately transforms Tranzeo into a market leading
> complete solutions provider for major telecommunications operators
> while still supplying product to Tranzeo's existing wireless Internet
> service providers," said Jim Tocher, President and CEO of Tranzeo.
> "With an established world-wide customer base and a pipeline of new
> customers now in trials, the benefits of today's announcement will
> start to bear fruit within a year. The future for Tranzeo has never
> looked better."
>
> "The combining of Tranzeo and Aperto is a big win for wireless service
> providers," said Randall Meals, Chairman of Aperto's Board and
> Managing Director of Quicksilver Ventures. "We continue to be bullish
> on the broadband wireless market and now Tranzeo's position in the
> market."
>
> Existing Tranzeo and Aperto customers will greatly benefit from the
> combined technologies and complete solutions Tranzeo will now be able
> to provide.
>
> "Tranzeo's responsiveness, world-class manufacturing and additional
> product breadth combined with Aperto's proven worldwide sales, support
> team, and channels will significantly benefit our customers on a
> global basis,"said Bill Waters, Senior Vice President of Worldwide
> Sales and Support at Aperto Networks. "I am looking forward to serving
> our existing customers, expanding our market a
Re: [WISPA] Tranzeo to acquire Aperto
The past few years have been challenging for all Gino, especially for companies
that leverage private investment. As you may know, we have had a working
relationship with Tranzeo for some time; they manufacture our 3.65 GHz CPE
using our code. Over time this relationship has deepened. I have been through
many acquisitions back from the Alvarion days and have seen the market go
through many. This one makes more sense than most, much more sense. We have no
real overlap in terms of products and little technical overlap. Tranzeo is a
respected public company and has state-of-the art production capabilities here
in North America. It has an established WISP reputation for value. We have
excellent core technology, engineering and field teams. We have about 2 dozen
patents on QoS and link quality and our technology was central to creation of
the 802.16 standard in the first place (long before there was a WiMAX).
It just makes a lot of sense and the market will see that.
Plus, the market has been a bit staid recently...it needed something to shake
things up a bit.
And finally, it maybe after all these years allows my old WISP friend Matt
Larson to become a customer!
Patrick Leary
Aperto Networks
813.426.4230 mobile
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf
Of Gino Villarini
Sent: Wednesday, March 31, 2010 9:01 AM
To: WISPA General List
Cc: WISPA General List
Subject: Re: [WISPA] Tranzeo to acquire Aperto
Wow
Was Aperto in financial trouble?
This is like YDI buying Proxim
Or Ubiquity buying Motorola
Sent from my Motorola Startac...
On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
> Didn't see this one coming but it looks like it could lead to some
> nice products for WISPs.
>
> http://bit.ly/bX4HTc
>
> Canadian Company Tranzeo Wireless to Acquire Aperto Networks Tranzeo
> strengthens its international market with complete broadband solution
>
> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
> --
> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
>  1.61, +0.04, +2.55%), a
> premier manufacturer of wireless broadband and WiMAX communication
> systems, announced today it has entered into a definitive merger
> agreement with Aperto Networks, Inc. ("Aperto") and key Aperto
> shareholders. Under the terms of the merger agreement, and upon the
> satisfaction of closing conditions, Aperto will be merged into a newly
> incorporated subsidiary of Tranzeo, with Aperto surviving and
> continuing to be operated as a wholly-owned subsidiary of Tranzeo.
>
> The merger will greatly increase Tranzeo's market share as it becomes
> a complete end-to-end broadband solutions provider featuring WiFi,
> WiMax and LTE products. Aperto's current backlog of all purchase
> orders is US
> $8.3
> million. This will be added to Tranzeo's current backlog of US$32.7M.
>
> "Acquiring Aperto immediately transforms Tranzeo into a market leading
> complete solutions provider for major telecommunications operators
> while still supplying product to Tranzeo's existing wireless Internet
> service providers," said Jim Tocher, President and CEO of Tranzeo.
> "With an established world-wide customer base and a pipeline of new
> customers now in trials, the benefits of today's announcement will
> start to bear fruit within a year. The future for Tranzeo has never
> looked better."
>
> "The combining of Tranzeo and Aperto is a big win for wireless service
> providers," said Randall Meals, Chairman of Aperto's Board and
> Managing Director of Quicksilver Ventures. "We continue to be bullish
> on the broadband wireless market and now Tranzeo's position in the
> market."
>
> Existing Tranzeo and Aperto customers will greatly benefit from the
> combined technologies and complete solutions Tranzeo will now be able
> to provide.
>
> "Tranzeo's responsiveness, world-class manufacturing and additional
> product breadth combined with Aperto's proven worldwide sales, support
> team, and channels will significantly benefit our customers on a
> global basis,"said Bill Waters, Senior Vice President of Worldwide
> Sales and Support at Aperto Networks. "I am looking forward to serving
> our existing customers, expanding our market and providing new
> solutions to our channel partners."
>
> "This is very good news for TRG and the future of broadband services
> in Indonesia," said Gatot Tetuko, President of PT. Teknologi Riset
> Global (TRG), an affiliate company of leading telecommunication
> infrastructure provider the Indonesian Tower Group. "With our joint
> development agreement with Tranzeo, th
Re: [WISPA] Tranzeo to acquire Aperto
Not all buy outs mean the company is in trouble, does it?
I didn't think ATI was in trouble when AMD bought them.
Josh Luthman
Office: 937-552-2340
Direct: 937-552-2343
1100 Wayne St
Suite 1337
Troy, OH 45373
“Success is not final, failure is not fatal: it is the courage to
continue that counts.”
--- Winston Churchill
On Wed, Mar 31, 2010 at 12:01 PM, Gino Villarini wrote:
> Wow
>
> Was Aperto in financial trouble?
>
> This is like YDI buying Proxim
>
> Or Ubiquity buying Motorola
>
> Sent from my Motorola Startac...
>
>
> On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
>
>> Didn't see this one coming but it looks like it could lead to some
>> nice
>> products for WISPs.
>>
>> http://bit.ly/bX4HTc
>>
>> Canadian Company Tranzeo Wireless to Acquire Aperto Networks
>> Tranzeo strengthens its international market with complete broadband
>> solution
>>
>> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
>> --
>> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
>>  1.61, +0.04, +2.55%), a
>> premier
>> manufacturer of wireless broadband and WiMAX communication systems,
>> announced today it has entered into a definitive merger agreement with
>> Aperto Networks, Inc. ("Aperto") and key Aperto shareholders. Under
>> the
>> terms of the merger agreement, and upon the satisfaction of closing
>> conditions, Aperto will be merged into a newly incorporated
>> subsidiary of
>> Tranzeo, with Aperto surviving and continuing to be operated as a
>> wholly-owned subsidiary of Tranzeo.
>>
>> The merger will greatly increase Tranzeo's market share as it
>> becomes a
>> complete end-to-end broadband solutions provider featuring WiFi,
>> WiMax and
>> LTE products. Aperto's current backlog of all purchase orders is US
>> $8.3
>> million. This will be added to Tranzeo's current backlog of US$32.7M.
>>
>> "Acquiring Aperto immediately transforms Tranzeo into a market leading
>> complete solutions provider for major telecommunications operators
>> while
>> still supplying product to Tranzeo's existing wireless Internet
>> service
>> providers," said Jim Tocher, President and CEO of Tranzeo. "With an
>> established world-wide customer base and a pipeline of new customers
>> now in
>> trials, the benefits of today's announcement will start to bear
>> fruit within
>> a year. The future for Tranzeo has never looked better."
>>
>> "The combining of Tranzeo and Aperto is a big win for wireless service
>> providers," said Randall Meals, Chairman of Aperto's Board and
>> Managing
>> Director of Quicksilver Ventures. "We continue to be bullish on the
>> broadband wireless market and now Tranzeo's position in the market."
>>
>> Existing Tranzeo and Aperto customers will greatly benefit from the
>> combined
>> technologies and complete solutions Tranzeo will now be able to
>> provide.
>>
>> "Tranzeo's responsiveness, world-class manufacturing and additional
>> product
>> breadth combined with Aperto's proven worldwide sales, support team,
>> and
>> channels will significantly benefit our customers on a global
>> basis,"said
>> Bill Waters, Senior Vice President of Worldwide Sales and Support at
>> Aperto
>> Networks. "I am looking forward to serving our existing customers,
>> expanding
>> our market and providing new solutions to our channel partners."
>>
>> "This is very good news for TRG and the future of broadband services
>> in
>> Indonesia," said Gatot Tetuko, President of PT. Teknologi Riset Global
>> (TRG), an affiliate company of leading telecommunication
>> infrastructure
>> provider the Indonesian Tower Group. "With our joint development
>> agreement
>> with Tranzeo, this will give us access to additional advanced wireless
>> technologies which we will incorporate into our broadband solutions."
>>
>> Tranzeo expects to complete the acquisition of Aperto through
>> issuances of
>> common shares to the stockholders of Aperto. Upon satisfaction of the
>> required closing conditions, Tranzeo will issue common shares to the
>> stockholders of Aperto based on a US$5 million base consideration
>> amount, as
>> adjusted for liabilities and cash of Aperto at closing. Subject to the
>> satisfaction of certain additional earn-out conditions, Tranzeo may
>> issue
>> additional common shares to the stockholders of Aperto based on
>> revenues
>> attributable to certain products of Aperto that are sold by Tranzeo
>> during a
>> one-year earn-out period following the date of closing of the
>> merger. These
>> earn-out shares would be issued within 120 days of the expiry of the
>> earn-out period. All share issuances will be based on the volume
>> weighted
>> average trading price of Tranzeo's common shares for the five
>> trading days
>> prior to this announcement of the Merger Agreement.
>>
>> The merger is anticipated to be completed in mid-April 2010.
>> Completion of
>> the merger will be subject to customary closing conditions,
>> including the
>> approval of the proposed merger by the Toronto Stock Exchan
Re: [WISPA] Tranzeo to acquire Aperto
Wow
Was Aperto in financial trouble?
This is like YDI buying Proxim
Or Ubiquity buying Motorola
Sent from my Motorola Startac...
On Mar 31, 2010, at 11:45 AM, "Drew Lentz" wrote:
> Didn't see this one coming but it looks like it could lead to some
> nice
> products for WISPs.
>
> http://bit.ly/bX4HTc
>
> Canadian Company Tranzeo Wireless to Acquire Aperto Networks
> Tranzeo strengthens its international market with complete broadband
> solution
>
> PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX)
> --
> BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
>  1.61, +0.04, +2.55%), a
> premier
> manufacturer of wireless broadband and WiMAX communication systems,
> announced today it has entered into a definitive merger agreement with
> Aperto Networks, Inc. ("Aperto") and key Aperto shareholders. Under
> the
> terms of the merger agreement, and upon the satisfaction of closing
> conditions, Aperto will be merged into a newly incorporated
> subsidiary of
> Tranzeo, with Aperto surviving and continuing to be operated as a
> wholly-owned subsidiary of Tranzeo.
>
> The merger will greatly increase Tranzeo's market share as it
> becomes a
> complete end-to-end broadband solutions provider featuring WiFi,
> WiMax and
> LTE products. Aperto's current backlog of all purchase orders is US
> $8.3
> million. This will be added to Tranzeo's current backlog of US$32.7M.
>
> "Acquiring Aperto immediately transforms Tranzeo into a market leading
> complete solutions provider for major telecommunications operators
> while
> still supplying product to Tranzeo's existing wireless Internet
> service
> providers," said Jim Tocher, President and CEO of Tranzeo. "With an
> established world-wide customer base and a pipeline of new customers
> now in
> trials, the benefits of today's announcement will start to bear
> fruit within
> a year. The future for Tranzeo has never looked better."
>
> "The combining of Tranzeo and Aperto is a big win for wireless service
> providers," said Randall Meals, Chairman of Aperto's Board and
> Managing
> Director of Quicksilver Ventures. "We continue to be bullish on the
> broadband wireless market and now Tranzeo's position in the market."
>
> Existing Tranzeo and Aperto customers will greatly benefit from the
> combined
> technologies and complete solutions Tranzeo will now be able to
> provide.
>
> "Tranzeo's responsiveness, world-class manufacturing and additional
> product
> breadth combined with Aperto's proven worldwide sales, support team,
> and
> channels will significantly benefit our customers on a global
> basis,"said
> Bill Waters, Senior Vice President of Worldwide Sales and Support at
> Aperto
> Networks. "I am looking forward to serving our existing customers,
> expanding
> our market and providing new solutions to our channel partners."
>
> "This is very good news for TRG and the future of broadband services
> in
> Indonesia," said Gatot Tetuko, President of PT. Teknologi Riset Global
> (TRG), an affiliate company of leading telecommunication
> infrastructure
> provider the Indonesian Tower Group. "With our joint development
> agreement
> with Tranzeo, this will give us access to additional advanced wireless
> technologies which we will incorporate into our broadband solutions."
>
> Tranzeo expects to complete the acquisition of Aperto through
> issuances of
> common shares to the stockholders of Aperto. Upon satisfaction of the
> required closing conditions, Tranzeo will issue common shares to the
> stockholders of Aperto based on a US$5 million base consideration
> amount, as
> adjusted for liabilities and cash of Aperto at closing. Subject to the
> satisfaction of certain additional earn-out conditions, Tranzeo may
> issue
> additional common shares to the stockholders of Aperto based on
> revenues
> attributable to certain products of Aperto that are sold by Tranzeo
> during a
> one-year earn-out period following the date of closing of the
> merger. These
> earn-out shares would be issued within 120 days of the expiry of the
> earn-out period. All share issuances will be based on the volume
> weighted
> average trading price of Tranzeo's common shares for the five
> trading days
> prior to this announcement of the Merger Agreement.
>
> The merger is anticipated to be completed in mid-April 2010.
> Completion of
> the merger will be subject to customary closing conditions,
> including the
> approval of the proposed merger by the Toronto Stock Exchange and by
> the
> stockholders of Aperto. Tranzeo stockholder approval is not required.
> Tranzeo has agreed to appoint a representative of Aperto to its
> board of
> directors on closing.
>
> The common shares proposed to be issued have not been registered
> under the
> Securities Act of 1933, as amended, or any state securities laws,
> and may
> not be offered or sold in the United States without registration or an
> applicable
Re: [WISPA] Tranzeo to acquire Aperto
Yes, the cat is out of the bag. We are very excited about this...
Patrick Leary
Aperto Networks
813.426.4230 mobile
-Original Message-
From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf
Of Drew Lentz
Sent: Wednesday, March 31, 2010 8:42 AM
To: WISPA General List
Subject: [WISPA] Tranzeo to acquire Aperto
Didn't see this one coming but it looks like it could lead to some nice
products for WISPs.
http://bit.ly/bX4HTc
Canadian Company Tranzeo Wireless to Acquire Aperto Networks Tranzeo
strengthens its international market with complete broadband solution
PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX) --
BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
1.61, +0.04, +2.55%), a premier
manufacturer of wireless broadband and WiMAX communication systems, announced
today it has entered into a definitive merger agreement with Aperto Networks,
Inc. ("Aperto") and key Aperto shareholders. Under the terms of the merger
agreement, and upon the satisfaction of closing conditions, Aperto will be
merged into a newly incorporated subsidiary of Tranzeo, with Aperto surviving
and continuing to be operated as a wholly-owned subsidiary of Tranzeo.
The merger will greatly increase Tranzeo's market share as it becomes a
complete end-to-end broadband solutions provider featuring WiFi, WiMax and LTE
products. Aperto's current backlog of all purchase orders is US$8.3 million.
This will be added to Tranzeo's current backlog of US$32.7M.
"Acquiring Aperto immediately transforms Tranzeo into a market leading complete
solutions provider for major telecommunications operators while still supplying
product to Tranzeo's existing wireless Internet service providers," said Jim
Tocher, President and CEO of Tranzeo. "With an established world-wide customer
base and a pipeline of new customers now in trials, the benefits of today's
announcement will start to bear fruit within a year. The future for Tranzeo has
never looked better."
"The combining of Tranzeo and Aperto is a big win for wireless service
providers," said Randall Meals, Chairman of Aperto's Board and Managing
Director of Quicksilver Ventures. "We continue to be bullish on the broadband
wireless market and now Tranzeo's position in the market."
Existing Tranzeo and Aperto customers will greatly benefit from the combined
technologies and complete solutions Tranzeo will now be able to provide.
"Tranzeo's responsiveness, world-class manufacturing and additional product
breadth combined with Aperto's proven worldwide sales, support team, and
channels will significantly benefit our customers on a global basis,"said Bill
Waters, Senior Vice President of Worldwide Sales and Support at Aperto
Networks. "I am looking forward to serving our existing customers, expanding
our market and providing new solutions to our channel partners."
"This is very good news for TRG and the future of broadband services in
Indonesia," said Gatot Tetuko, President of PT. Teknologi Riset Global (TRG),
an affiliate company of leading telecommunication infrastructure provider the
Indonesian Tower Group. "With our joint development agreement with Tranzeo,
this will give us access to additional advanced wireless technologies which we
will incorporate into our broadband solutions."
Tranzeo expects to complete the acquisition of Aperto through issuances of
common shares to the stockholders of Aperto. Upon satisfaction of the required
closing conditions, Tranzeo will issue common shares to the stockholders of
Aperto based on a US$5 million base consideration amount, as adjusted for
liabilities and cash of Aperto at closing. Subject to the satisfaction of
certain additional earn-out conditions, Tranzeo may issue additional common
shares to the stockholders of Aperto based on revenues attributable to certain
products of Aperto that are sold by Tranzeo during a one-year earn-out period
following the date of closing of the merger. These earn-out shares would be
issued within 120 days of the expiry of the earn-out period. All share
issuances will be based on the volume weighted average trading price of
Tranzeo's common shares for the five trading days prior to this announcement of
the Merger Agreement.
The merger is anticipated to be completed in mid-April 2010. Completion of the
merger will be subject to customary closing conditions, including the approval
of the proposed merger by the Toronto Stock Exchange and by the stockholders of
Aperto. Tranzeo stockholder approval is not required.
Tranzeo has agreed to appoint a representative of Aperto to its board of
directors on closing.
The common shares proposed to be issued have not been registered under the
Securities Act of 1933, as amended, or any state securities laws, and may not
be offered or s
[WISPA] Tranzeo to acquire Aperto
Didn't see this one coming but it looks like it could lead to some nice
products for WISPs.
http://bit.ly/bX4HTc
Canadian Company Tranzeo Wireless to Acquire Aperto Networks
Tranzeo strengthens its international market with complete broadband
solution
PITT MEADOWS, BRITISH COLUMBIA, Mar 31, 2010 (MARKETWIRE via COMTEX) --
BC-based Tranzeo Wireless Technologies Inc. (CA:TZT
1.61, +0.04, +2.55%), a premier
manufacturer of wireless broadband and WiMAX communication systems,
announced today it has entered into a definitive merger agreement with
Aperto Networks, Inc. ("Aperto") and key Aperto shareholders. Under the
terms of the merger agreement, and upon the satisfaction of closing
conditions, Aperto will be merged into a newly incorporated subsidiary of
Tranzeo, with Aperto surviving and continuing to be operated as a
wholly-owned subsidiary of Tranzeo.
The merger will greatly increase Tranzeo's market share as it becomes a
complete end-to-end broadband solutions provider featuring WiFi, WiMax and
LTE products. Aperto's current backlog of all purchase orders is US$8.3
million. This will be added to Tranzeo's current backlog of US$32.7M.
"Acquiring Aperto immediately transforms Tranzeo into a market leading
complete solutions provider for major telecommunications operators while
still supplying product to Tranzeo's existing wireless Internet service
providers," said Jim Tocher, President and CEO of Tranzeo. "With an
established world-wide customer base and a pipeline of new customers now in
trials, the benefits of today's announcement will start to bear fruit within
a year. The future for Tranzeo has never looked better."
"The combining of Tranzeo and Aperto is a big win for wireless service
providers," said Randall Meals, Chairman of Aperto's Board and Managing
Director of Quicksilver Ventures. "We continue to be bullish on the
broadband wireless market and now Tranzeo's position in the market."
Existing Tranzeo and Aperto customers will greatly benefit from the combined
technologies and complete solutions Tranzeo will now be able to provide.
"Tranzeo's responsiveness, world-class manufacturing and additional product
breadth combined with Aperto's proven worldwide sales, support team, and
channels will significantly benefit our customers on a global basis,"said
Bill Waters, Senior Vice President of Worldwide Sales and Support at Aperto
Networks. "I am looking forward to serving our existing customers, expanding
our market and providing new solutions to our channel partners."
"This is very good news for TRG and the future of broadband services in
Indonesia," said Gatot Tetuko, President of PT. Teknologi Riset Global
(TRG), an affiliate company of leading telecommunication infrastructure
provider the Indonesian Tower Group. "With our joint development agreement
with Tranzeo, this will give us access to additional advanced wireless
technologies which we will incorporate into our broadband solutions."
Tranzeo expects to complete the acquisition of Aperto through issuances of
common shares to the stockholders of Aperto. Upon satisfaction of the
required closing conditions, Tranzeo will issue common shares to the
stockholders of Aperto based on a US$5 million base consideration amount, as
adjusted for liabilities and cash of Aperto at closing. Subject to the
satisfaction of certain additional earn-out conditions, Tranzeo may issue
additional common shares to the stockholders of Aperto based on revenues
attributable to certain products of Aperto that are sold by Tranzeo during a
one-year earn-out period following the date of closing of the merger. These
earn-out shares would be issued within 120 days of the expiry of the
earn-out period. All share issuances will be based on the volume weighted
average trading price of Tranzeo's common shares for the five trading days
prior to this announcement of the Merger Agreement.
The merger is anticipated to be completed in mid-April 2010. Completion of
the merger will be subject to customary closing conditions, including the
approval of the proposed merger by the Toronto Stock Exchange and by the
stockholders of Aperto. Tranzeo stockholder approval is not required.
Tranzeo has agreed to appoint a representative of Aperto to its board of
directors on closing.
The common shares proposed to be issued have not been registered under the
Securities Act of 1933, as amended, or any state securities laws, and may
not be offered or sold in the United States without registration or an
applicable exemption from applicable registration requirements in the US.
This press release shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful.
Tranzeo and the Tranzeo logo are registered trademarks of Tranzeo Wireless
Technologies Inc.
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