1994-07-07, English, Article, Other article edition: Motorola to purchase IBM's 50% share in Ardis joint venture for $35 million. Hill, G. Christian

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Bookmark: http://trove.nla.gov.au/version/110621139
Physical Description
  • Newspaper article
Published
  • Dow Jones &​ Company, Inc., 1994 July 7
Language
  • English

Edition details

Title
  • Motorola to purchase IBM's 50% share in Ardis joint venture for $35 million.
Appears In
  • The Wall Street Journal Western Edition, 1994 July 7, pB6(W) pB5(E) (ISSN: 0193-2241)
Author
  • Hill, G. Christian
Published
  • Dow Jones &​ Company, Inc., 1994 July 7
Physical Description
  • Newspaper article
Subjects
Target Audience
  • General
  • Trade
Summary
  • Motorola Inc has agreed to buy IBM's 50% share in the Ardis wireless network for approximately $35 million. Motorola and IBM have previously acted as joint-venture partners for Ardis, investing approximately $200 million into the network. Ardis currently links 400 metropolitan areas and has about 40,000 individual customers. The company has been trying to add more subscribers but has been limited by its sluggish packet-data technology, which only transmits data. Ardis and its direct rival, RAM Mobile Data, face significant competition from potentially faster, cheaper and more-powerful technologies. Motorola, which supplies modems and other transmission equipment for Ardis, hopes to expand the wireless network to spur demand for new communications products. Ardis President Frank Wapole hopes to gradually improve the network's speed and offer additional services to its subscribers.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15562591

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