Technology Industry
Industry: Email Alert RSS FeedMitsui invests in Boingo, Brightstar.(News)
RCR Wireless News, August, 2006
Boingo Wireless Inc., a wholesale network aggregator and operator of Wi-Fi networks, raised $65 million in Series C funding from new and existing investors. Boingo said the funds will provide long-term capital and underwrite its acquisition of Concourse Communications Group L.L.C., operator of airport Wi-Fi hot spots.
Boingo recently acquired the company for an undisclosed price. Mitsui & Co. led the funding round, while new investors Steelpoint Capital Partners and Red Rock Ventures also participated. In separate news, mobile-phone distributor Brightstar Corp. received a $50 million investment from partner Mitsui & Co. Ltd. Brightstar said it plans to use the cash to expand its new operations in Southeast Asia.
CXO UnpluggedSmart Business interviews on BNET
See and hear how senior level executives across the Asia Pacific are developing smart business ideas across a variety of sectors. The focus is on the future, and on how businesses need to evolve.
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
