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NEWS
October 9, 2002 | Dow Jones
SSP Solutions Inc. ended its development agreement with Wave Systems Corp. by agreeing to issue 1.6 million common shares and a $270,000 non-interest-bearing note convertible into SSP shares in a settlement. As a result of the settlement, Irvine-based SSP Solutions expects to record a gain of about $1.2 million in its third quarter and to remove $3.3 million in liabilities from its balance sheet.
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NEWS
October 9, 2002 | Dow Jones
SSP Solutions Inc. ended its development agreement with Wave Systems Corp. by agreeing to issue 1.6 million common shares and a $270,000 non-interest-bearing note convertible into SSP shares in a settlement. As a result of the settlement, Irvine-based SSP Solutions expects to record a gain of about $1.2 million in its third quarter and to remove $3.3 million in liabilities from its balance sheet.
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BUSINESS
March 6, 2007 | From Bloomberg News
Intel Corp. and semiconductor developer AmberWave Systems Corp. settled lawsuits over patents for ways to make chips. Under the accord, Intel will license AmberWave's technology for 10 years. The companies also agreed to continue talks and evaluate Salem, N.H.-based AmberWave's research and development efforts. All other terms are confidential, Santa Clara, Calif.-based Intel said.
BUSINESS
January 24, 1996 | From Reuters
William Morris Agency said Tuesday that it has signed two deals to develop and distribute computer multimedia software on a pay-per-use and try-before-you-buy basis. William Morris, one of Hollywood's top talent agencies, struck a deal with Simon & Schuster, the publishing wing of Viacom Inc., and took an equity stake in Wave Interactive Network, an affiliate of Wave Systems Corp.
NEWS
April 11, 1994 | JUBE SHIVER Jr., TIMES STAFF WRITER
Who knew that Marle Marl was dissing copyright law and opening up a gaping pothole on the information superhighway when he began using digital computer technology to make rap music nearly a decade ago? "In 1985, I just started recording kicks and snares of drummers and rearranged them" to create new beats, said Marl, who rose from working as a club DJ to recording and producing for the House of Hitz label in New York.
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