Motorola Buys Austin's Wireless Valley Communications
Via The Austin Business Journal.
Wireless device giant Motorola Inc. bought Wireless Valley Communications Inc., a privately held software developer in Austin, for an undisclosed amount.
Wireless Valley was founded in 1995 by University of Texas electrical engineering professor Ted Rappaport. Rappaport was the company's chairman and chief technology officer, and Jim Welch was CEO.
Representatives of Motorola and Wireless Valley couldn't be reached for comment about Rappaport's and Welch's employment status, and what will happen to Wireless Valley's 25 or so employees.
posted by Fergie @ 12/22/2005 01:08:00 PM
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