Qualcomm Finalizes Omnitracs Sale

Qualcomm Inc.  today announced that the sale of Omnitracs, Inc., a subsidiary of Qualcomm Incorporated, to Vista Equity Partners (Vista), a U.S.-based private equity firm, has been finalized. The agreement to sell the transportation and logistics business for approximately $800 million in cash was originally announced in August. “Omnitracs was one of Qualcomm’s earliest businesses…

Jury: Qualcomm Infringed on Patents

 ParkerVision, Inc., a developer and marketer of semiconductor technology solutions for wireless applications, today announced that a jury in the U.S. District Court for the Middle District of Florida found Qualcomm Inc.  guilty of direct and indirect infringement of ParkerVision patents. That same jury also found ParkerVision’s patents valid in light of the alleged prior…

What Apple’s Sales Cut Means for Purchasing

A 20 percent reduction in Apple Inc.’s iPhone forecast as speculated in some quarters may spell relief for many procurement and purchasing professionals at small and medium OEMs and EMS providers. When demand for Apple devices are at record highs, it’s obvious component buyers at even many of its bigger rivals feel pressured; It’s not…