ANIMATION HONORS: 3net Studios President & CEO Tom Cosgrove, whose 4K original series Space: Unraveling the Cosmos won “Best Documentary” poses with DreamWorks Animation CEO Jeffrey Katzenberg, who was on-hand to accept the Harold Lloyd Filmmaker Award at The International 3D & Advanced Imaging Society’s Awards Gala Tuesday night at Warner Bros Studios.
February 22, 2013
Deal Of The Day...
Alvarion Divests Licensed Gear To Focus On Unlicensed Market
Global telecom-gear provider Telrad Networks is buying Israel-based Alvarion’s carrier licensed division for $6.1 million, and it will retain the related employees. Alvarion also could reap another $6 million in performance-based milestone payments. Alvarion officials say the company now will focus on carrier-grade products that work in unlicensed frequencies. The two also inked a reseller agreement allowing Alvarion to continue to provide carrier licensed solutions to its partners and distributors, while Telrad will sell Alvarion’s unlicensed solutions to its carrier customers after deal closes.