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U S Robotics Corp

BUSINESS
April 10, 1997 | Bloomberg News
Rockwell International Corp. said Wednesday it has resumed shipments of chipsets for new high-speed modems, ending a three-week production delay after Motorola Corp. said its performance wasn't good enough. Rockwell, the electronics and semiconductor maker, used new software to increase the modem's speed for some users, said Angelo Stephano, Rockwell's Business Director for PC Products.
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BUSINESS
December 17, 2003 | From Bloomberg News
Broadcom Corp., which makes communications chips for cable modems, set-top boxes and home-networking products, said Tuesday that it would pay PCTel Inc. $3.5 million and become a customer to resolve a patent-infringement lawsuit. PCTel, a Chicago maker of wireless-networking software, agreed to drop its lawsuit and to license Broadcom's use of modem patents and two ethernet-networking patents. PCTel also promised not to sue Broadcom for infringing any other patents. PCTel sued 3Com Corp.
BUSINESS
January 24, 1997 | JUBE SHIVER Jr., TIMES STAFF WRITER
An obscure federal regulation governing telephone line transmission signals could slow the introduction of a new generation of high-speed computer modems that promise to take some of the waiting out of the Web-surfing experience. Modem component suppliers such as U.S. Robotics Corp., Rockwell International Corp. and Lucent Technologies Inc. have been developing and promoting a technology they say can double the speed of downloading data and graphics from the Internet and other online services.
BUSINESS
March 9, 2001 | KAREN ALEXANDER, TIMES STAFF WRITER
U.S. Robotics Corp., the Chicago-area modem manufacturer that spun off from 3Com Corp. in September, set up shop in Irvine this week to focus on culling emerging products that the company hopes to sell under its name. The Schaumburg, Ill., company is the No. 1-selling brand for external analog, or dial-up modems. But as that market slows with the flailing personal computer market and the advent of new technologies, U.S.
BUSINESS
February 28, 1997 | From Bloomberg News
3Com Corp.'s shares fell 10% Thursday, erasing $660 million from its $6.6-billion offer for U.S. Robotics Corp., amid investor concern that the acquisition will hurt earnings in coming quarters. 3Com shares plunged $4 to $35 on Nasdaq, the lowest closing price since August 1995. 3Com's stock-swap offer now values U.S. Robotics at $61.25 a share--just 25 cents above the stock's price before Wednesday's offer. U.S. Robotics shares fell $1.875 to $59.125 on Nasdaq on Thursday.
BUSINESS
April 1, 2000 | From Bloomberg News
Handspring Inc., the hand-held computer maker started by the people behind the popular Palm personal organizer, filed to raise as much as $300 million through an initial stock sale. Handspring, which last September unveiled its Visor hand-held organizer to compete with Palm, filed with the Securities and Exchange Commission to sell common shares. The number of shares the Mountain View, Calif., company intends to sell and their price will be disclosed later.
BUSINESS
March 1, 1999 | P.J. HUFFSTUTTER, TIMES STAFF WRITER
Broadcom, meet the competition. Today, Conexant Systems Inc. of Newport Beach will unveil the industry's first programmable cable modem chip, which manufacturers say will cut the cost of building modems by 25% and give them an easier way to upgrade their devices. Conexant's chips let modem makers use software to add new features to the modem without forcing customers to swap out the old chip or buy a new modem.
BUSINESS
April 17, 1997 | From Bloomberg News
Ascend Communications Inc. will unveil Monday a new lower-priced remote-access product, broadening its market-leading range of products for linking people onto the Internet. The Max 4048 will sell primarily to smaller Internet service providers and help Ascend broaden its customer base from its traditional strength with the larger Internet service providers that cater to business customers. The Max 4048 will sell for $26,000, a 15% price reduction from Ascend's previous comparable product.
BUSINESS
August 15, 2005 | Kathy M. Kristof, Times Staff Writer
Platinum Equity, the buyout firm owned by billionaire Tom Gores, is acquiring computer modem maker U.S. Robotics Corp. in an all-cash deal, the companies are expected to announce today. Neither side would reveal terms of the sale. Last year, however, Robotics Chief Executive Joseph J. Hartnett told an interviewer that he was looking for a buyer willing to pay between $30 million and $50 million for the Schaumburg, Ill., company. U.S.
BUSINESS
March 11, 1997 | LEO SMITH, TIMES STAFF WRITER
When it comes to the transmission of computer data, faster is better. That's good for the folks at Camarillo-based Logicode Technology. Logicode, a manufacturer of modems and other data-communication products, last week was among the first companies to release a line of modems transmitting 56,000 bytes per second, capitalizing on the latest in high-speed technology.
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