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" <[email protected]>
Sent: Wednesday, March 31, 2010 2:12 PM
To: <[email protected]>; "WISPA General List" <[email protected]>
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 <[email protected]>
wrote:
Hello,
But AMD was. LOL
-----Original Message-----
From: [email protected] [mailto:[email protected]] 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 <[email protected]>
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" <[email protected]> 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
</investing/stock/TZT?countrycode=ca>  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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