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EUROPEAN TECH WIRE - Nov. 29, 2004
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To Subscribe: http://www.europeantechwire.com
o Telekom Austria In Talks To Acquire Bulgaria's Mobiltel
o Berlin-based MergeOptics Raises €7.5 Million in Venture Financing
o TDC To Launch Low-Budget easyMobile Brand in UK in March
o Microsoft To Replace Counterfeit Versions of XP For British Users
o Routine Computer Upgrade Crashes 80% of Computers at UK's DWP
o Ian Robertson Named New Head of Rolls-Royce Motor Cars
o Briefly: VNU - World Directories Group, BvDEP - Heale Financial,
Telstra - Nokia - LM Ericsson - NEC - Siemens
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o Telekom Austria In Talks To Acquire Bulgaria's Mobiltel
Vienna -- Telekom Austria said on Monday that it is in negotiations to
acquire Mobiltel, Bulgaria's largest mobile phone company, for about
€1.6 billion. As part of the company's strategy to expand into the high-
growth markets in eastern Europe, Telekom has been trying to
complete the deal since last year. Telekom said on Monday that it has
signed a memorandum with Mobiltel's private shareholders to negotiate
rights to buy the group. Telekom's shares rose by 4% on Monday after
news of the deal was released.
http://www.bloomberg.com/apps/news?pid=10000085&sid=a7SlQRS.wiSc
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o Berlin-based MergeOptics Raises €7.5 Million in Venture Financing
Berlin, Germany -- Berlin-based MergeOptics, a developer of fiber
optic components and subsystems, announced that it has raised €7.5
million in its second round of venture financing. The financing round
was led by DVC Deutsche Venture Capital, along with early stage
investors Earlybird and TargetPartners. MergeOptics is developing
fiber optic components aimed at increasing Internet speeds and
reducing technology infrastructure costs.
http://www.mergeoptics.de/news/news.html
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o TDC To Launch Low-Budget easyMobile Brand in UK in March
Copenhagen, Denmark -- TDC, the large Danish telecom operator, has
reached an agreement with T-Mobile, the British mobile network
operator, to launch budget mobile phone service in the UK next year.
TDC will be using the easyMobile brand name for the service. TDC
said it plans to offer a self-service concept, combined with no handset
subsidies and subscription fees, to compete in the low-budget market
segment. The company said it has a 10% market share in the mobile
market in Denmark. Frank Rasmussen will be the CEO of the new
entity.
http://om.tdc.dk/artikel.php?id=65879&dogtag=tdc_o_english_press_release
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o Microsoft To Replace Counterfeit Versions of XP For British Users
Reading, U.K. -- In an unusual move in the battle against illegally
copied software, Microsoft announced that it will allow British
residents to exchange their counterfeit versions of Windows XP for
authorized ones. Microsoft said it is taking the moves in response to the
discovery of high quality counterfeit versions of Microsoft Windows
XP. "The project will allow Microsoft to collate intelligence quickly
and work with the authorities to act decisively against illegal traders
and other systematic abusers," the company said in a statement.
http://www.microsoft.com/uk/press/content/presscentre/releases/2004/11/PR03361.asp
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o Routine Computer Upgrade Crashes 80% of Computers at UK's DWP
London -- About 80% of the computers from the UK government's
Department for Work and Pensions (DWP) crashed on Friday after a
routine computer software upgrade caused problems throughout the
network. The glitch reportedly crashed about 80,000 of the
department's 100,000 PCs. "We had a problem with an upgrade to the
network of computers on people's desks," said Alexis Cleveland, chief
executive of the DWP, to Manchester Online. "A small change went
wrong and that meant 80 per cent of the network was not able to link to
the benefits system." The DWP has ordered an inquiry into the role of
both EDS and Microsoft in the computer glitch.
http://www.ebcvg.com/articles.php?id=406
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o Ian Robertson Named New Head of Rolls-Royce Motor Cars
Frankfurt -- BMW, the large German auto manufacturer, announced on
Monday that it has appointed Ian Robertson to head the company's UK-
based Rolls-Royce Motor Cars division. Robertson is the head of
BMW's South African operations. He will take over from Stefan
Krause, who held the interim post after Karl-Heinz Kalbfell resigned
last month to head Fiat's Alfa Romeo division.
http://makeashorterlink.com/?S541155E9
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o Briefly Noted:
(Haarlem, Netherlands) VNU, the large Dutch media company,
announced on Monday that it has successfully completed the sale of its
World Directories group to World Directories Acquisition Corp for
€2.07 billion.
http://www.vnu.com/vnu/news.jsp?id=181
(London) Bureau van Dijk Electronic Publishing (BvDEP), a publisher
of electronic business information, and Heale Financial, an operator of
fund databases, will be launching a new equity ownership product on
Tuesday. The new product, called INVIEW (Investments in equities
worldwide), will present a global analysis of equity-holding investment
funds and the companies they own.
http://makeashorterlink.com/?L260455E9
(Helsinki, Finland) The Sydney Herald Tribune reported on Monday
that Nokia, LM Ericsson, NEC, and Siemens are believed to be
submitting bids for a 3G network order from Telstra Corp Ltd,
Australia's largest telecommunications provider. The article said the
order could be worth up to $1 billion.
http://afr.com/articles/2004/11/29/1101577405544.html
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> RealNetworks - Lawyer - Digital Music Business
RealNetworks is looking to hire a lawyer in its London office to work
primarily on matters related to its digital music business, including
Rhapsody, RadioPass and mobile music services. The lawyer hired will
negotiate and draft content licensing agreements with record labels and
music publishers; distribution, marketing and promotion agreements
with broadband service providers, websites, retailers, mobile carriers
and handset providers. Require lawyer 3-7 years qualified, with a focus
in digital music/media, licensing and distribution, knowledge of
Internet law issues, excellent writing and negotiation skills, excellent
academic record, highly motivated and independent worker excited by
a fast-paced environment. Please apply online at:
http://makeashorterlink.com/?X19A12ED9
Closing date for applications is Friday 3rd December
_____________________________________________
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