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MTS to sell Allstream to Accelero for CAD 520 mln
2013-05-24 16:45:00| Telecompaper Headlines
(Telecompaper) Canadian operator Manitoba Telecom Services announced the conclusion of its strategic review to consider alternatives for its unit Allstream. Following an auction process and review of other strategic alternatives, the company has signed a binding agreement to sell Allstream to Accelero Capital Holdings Group, and investment and management group focused on telecommunications, digital media and technology. The transaction values Allstream at CAD 520 million, subject to certain customary adjustments, including assumed debt obligations and normalised working capital, as well as certain pension related obligations. The transaction has been approved by the MTS board of directors and is expected to close in the second half of 2013, subject to regulatory approval.
Telus offers CAD 380 million for Mobilicity
2013-05-16 16:21:00| Telecompaper Headlines
(Telecompaper) Canadian operator Telus has agreed to acquire its smaller rival Mobilicity for CAD 380 million. The deal comes as Mobilicity, one of the new entrants on the market after the spectrum auction in 2008, struggles to turn a profit and raise new financing. In April it received a court order suspending payments while it renegotiated its debts. The takeover by Telus will require approval by its debtholders, as well as regulators. The entire purchase price would go to satisfy Mobilicity's secured and unsecured debt, while equityholders would be left with no interests. Mobilicity has around 250,000 customers, and Telus said it would ensure continuity of service for them as well as take on Mobilicity's 150 employees.
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Creativity in CAD: Free Software Supports Leather Venture
2013-05-08 06:00:00| Industrial Newsroom - All News for Today
Bernhard Kreuzer is a leather goods designer, applying his mechanical engineering skills to turn a hobby into a new business venture – supported by MEDUSA4 Personal and the eSERVICES portal for commercial users.<br /> <br /> Cambridge, UK and Pittsford, NY – Bernard Kreuzer, former army captain and leather goods designer, studied mechanical engineering. He discovered CAD Schroer's free mechanical design software, MEDUSA4 Personal, about two years ago. Today he uses it to design ...This story is related to the following:ServicesSearch for suppliers of: Manufacturing Software | Design Graphics Software | Software Packaging Design |
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Product Design Engineer, 2D/3D CAD tools
2013-05-03 22:53:00| Latest apparel & textile industry jobs - from just-style.com
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Tags: design
product
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cad
CAD Software Suite combines free-form modeling and design.
2013-04-30 14:35:06| Industrial Newsroom - All News for Today
Leveraging combined Alibre® and Geomagic platform, Geomagic® Design is available in Personal, Professional, and Expert versions. Program includes 2D Documentation module, which lets engineers create 2D detail drawings from 3D data for manufacturing and production planning. Sheet Metal Design module includes sketch bend commands to tackle complex design tasks. Other features include comprehensive rendering tools, motion simulation tools, and wide range of 3D CAD and neutral 3D format support. This story is related to the following:Simulation Software | Modeling Software
Tags: software
design
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