Anite In IOT Research Collaboration With China Mobile

Date : 02/02/2012 @ 9:16AM
Source : Dow Jones News
Stock : China Mobile Limited (CHL)
Quote : 55.69  0.0 (0.00%) @ 8:01AM

Anite In IOT Research Collaboration With China Mobile

Anite (LSE:AIE)
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Anite PLC (AIE.LN), a global wireless device testing technology firm, said Thursday it and China Mobile Research Institute, the R&D division of China Mobile Ltd. (CHL) have signed a memorandum of understanding to collaborate on research in order to facilitate the global roll-out of TD-LTE technology.

MAIN FACTS:

-No financial details disclosed.

-Anite shares at 1345 GMT up 5 pence, or 4.6%, at 102 pence valuing the company at GBP290.82 million.

-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com

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