Siemens invests in GlooLabs

Oct 28, 2005

Siemens said Friday it will invest in GlooLabs to bolster personal media data technology.

The German electronics giant said by pumping money into GlooLabs of Palo Alto, Calif., it will be able to improve the convergence of the personal computer with home entertainment products.

"GlooLabs has a very unique position in the crowded field of multimedia services and solutions," Dietrich Ulmer, chief executive of Siemens Acceleration in Communications, said in a news release. "Their approach has received immediate, positive response from both the market and the fixed network unit of the Siemens Communications Group," he added.

GlooLabs has developed GlooNet, which is a multimedia platform for remote access services that facilitates the use of technology in remote locations.

Copyright 2005 by United Press International

Explore further: Residents alarmed as Coast Guard changes foghorns

add to favorites email to friend print save as pdf

Related Stories

Scientists target mess from Christmas tree needles

4 hours ago

The presents are unwrapped. The children's shrieks of delight are just a memory. Now it's time for another Yuletide tradition: cleaning up the needles that are falling off your Christmas tree.

Taxi app Uber defies ban in Spain

4 hours ago

Smartphone car-ride service Uber vowed Friday to keep operating in Spain despite a ban following a lawsuit by taxi drivers and said it would fight the case in court.

Finding faster-than-light particles by weighing them

11 hours ago

In a new paper accepted by the journal Astroparticle Physics, Robert Ehrlich, a recently retired physicist from George Mason University, claims that the neutrino is very likely a tachyon or faster-than-light par ...

Recommended for you

Key decisions on drones likely from Congress

11 hours ago

The Obama administration is on the verge of proposing long-awaited rules for commercial drone operations in U.S. skies, but key decisions on how much access to grant drones are likely to come from Congress ...

N. Korea suffers another Internet shutdown

Dec 27, 2014

North Korea suffered an Internet shutdown for at least two hours on Saturday, Chinese state-media and cyber experts said, after Pyongyang blamed Washington for an online blackout earlier this week.

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.