Premier Devices Inc. Acquires German Unit of Motorola GmbH.Business Editors/High-Tech Writers SAN JOSE San Jose, city, United States San Jose (sănəzā`, săn hōzā`), city (1990 pop. 782,248), seat of Santa Clara co., W central Calif.; founded 1777, inc. 1850. , Calif.--(BUSINESS WIRE)--June 1, 2004 Premier Devices, Inc. (www.premierdevices.com), a leading designer and producer of RF components and subsystems, announced today that it has acquired all of the shares of Motorola Broadband Nurnberg GmbH from a German subsidiary of Motorola, Inc. (NYSE NYSE See: New York Stock Exchange :MOT). The Company will be renamed Premier Devices Germany GmbH. Terms of the transaction were not disclosed. Motorola Broadband Nurnberg is engaged in the business of designing, manufacturing and distribution of cable TV amplifier modules and subsystems for the broadband communications industry communications industry, broadly defined, the business of conveying information. Although communication by means of symbols and gestures dates to the beginning of human history, the term generally refers to mass communications. . "We have had a highly valued relationship with Motorola for a long time and this transaction allows us to further that association," stated Phil Liao, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Premier Devices, Inc. "Our new Nurnberg facility is also an ideal platform from which we intend to expand our European business." About Premier Devices Inc. (www.premierdevices.com): Headquartered in San Jose, CA, Premier Devices, Inc. designs and produces product solutions which support a wide array of applications -- including cellular telephones and networks, mobile data applications, wireless local loop, broadband/CATV, wireless local area networks, satellite communications, vehicle sensors, navigation, and radar. Premier Devices standard product line includes transformers, splitters, couplers, mixers, amplifiers, oscillators, circulators and VCO's. The Company's manufacturing center, located in Shanghai, China, has approximately 300 employees. About Motorola, Inc. (NYSE:MOT): Motorola, Inc. is a global provider of wireless, broadband, automotive communications technologies and embedded electronic products. It provides software-enhanced wireless telephone and messaging, two-way radio A voice network that provides an always-on connection enabling the user to just "push the button and talk." Also called "dispatch radio," two-way radio has traditionally been used by police, fire, taxi and other mobile fleets. products and systems, as well as networking and Internet-access products, for consumers, network operators and commercial, government and industrial customers. The Company also provides end-to-end systems for the delivery of interactive digital video, voice and high-speed data solutions for broadband operators, and embedded semiconductor solutions for customers in wireless communications wireless communications System using radio-frequency, infrared, microwave, or other types of electromagnetic or acoustic waves in place of wires, cables, or fibre optics to transmit signals or data. , networking and transportation markets. In addition, Motorola offers integrated electronic systems for the automotive, telematics Originally coined to mean the convergence of telecommunications and information processing, the term later evolved to refer to automation in automobiles. GPS navigation, integrated hands-free cellphones, wireless communications and automatic driving assistance systems all come under the , industrial, telecommunications, computing and portable energy systems markets. |
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